Then carry on.

so for seller carry back to owner occ to be dodd frank compliant this license or person is needed..

I appreciate your recommendation to proceed with caution, as investing without proper research indeed carries inherent risks.Thank you and best of luck, as well!

Unfortunately we are carrying a lot of debt from our last real estate purchase.

Hi,If I buy a apartment doing a seller carry back, how do I explain to the seller how they are protected if they carry a 2nd position note subordinate to the bank?

here is the situation. i left a really good paying job to take care of my 81 year old parents because my dad is chronically ill and my mom is almost there. i wont go into too much detail, but my sis doesnt help them. ill leave it at that. we have a person who comes twice a week to help with cleaning and other household tasks. i carry the bulk of the weight cooking their meals, running errands, grocery shopping, picking up meds, and taking them to dr appointments. its a full time job. i get a small salary of $1000 a month from a care giver sub contractor for the VA. ive been paying my bills with what savings ive had, but only have a few months of funds left. i own a duplex. i have over 200k in equity. i live in texas and texas has weird laws about refi and heloc/heloans when the property is 4 units or less and owner occupied. i would rather not sell, but if thats my only option i will have to at some point.does anyone have any advice or possibly be able to point me to lenders who might be able to work with my situation?

A minority are now carrying the tax burden, and the majority are existing via various forms and levels of assistance. 

I am looking for the pot of gold at the end of the rainbow.

GENESEO EDUCATION  MA30 YEARS IN PUBLIC EDUCATIONTWO GOLD RECORDS AWARDED FOR PERFORMANCE WITH THE BAND ATLANTA (MCA RECORDS)i INVEST IN REITS, CARS,MUTUAL FUNDS, GUITARS.

Biggerpockets community is gold, no doubt.