Over 90% of the population are are trapped in the rat race.One of the reasons the rich get richer, the poor get poorer, and the middle class struggle in debt is because the subject of money is taught at home, not at school.In my last post I talked about following the herd and the dangers related.

Tenant "Can you replace the dryer, its not drying"Me "Have you cleaned out the lint trap?"

The offending text of the bill is in section 101(3)(e), which defines who is exempt from being a ‘licensed mortgage originator’:'(E) does not include, with respect to a residential mortgage loan, a person, estate, or trust that provides mortgage financing for the sale of 1 property in any 36-month period, provided that such loan--(i) is fully amortizing;(ii) is with respect to a sale for which the seller determines in good faith and documents that the buyer has a reasonable ability to repay the loan;(iii) has a fixed rate or an adjustable rate that is adjustable after 5 or more years, subject to reasonable annual and lifetime limitations on interest rate increases; and(iv) meets any other criteria the Federal banking agencies may prescribe.

As @Jay Hinrichs mentioned, Joe Kaiser got into quite a bit of legal trouble doing this, so check into that ...Bob Diamond is an attorney in the Phila area, who used to be a BP member but I think he was booted off for pushing his wares here in sections of the forum where that is prohibited.  

My guy also signed a three year lease so he is kind of trapped unless he wants to go to court to break his lease.

You are probably going to fall victim to the frugality trap.

I have seen many newbies get trapped while jumping in head first after hearing some 4 hour seminar from a local self-proclaimed RE guru. 

Or have a professional plumber do a pressure check with compressed air without turning the water main back on.The things that are maybe more vulnerable are going to be the toilet traps - the traps are actually within the bowls.

I bought in to the Program at a steep $15K....Kinda having a little buyers remorse now that I found this site lol but it actually was a tremendous blessing as all the info that I learned from the course has definitely put me ahead of my peers.Like most newbies I fell into the trap of "I need to learn everything before i even do anything" mindset.

If there was a fire they would be trapped inside.