You need a RMLO to be compliant with Dodd/Frank.

Ok, he obviously (to me) needs to get clear on whether his note us compliant.

We also discussed the differences inherent when you are involved in a series of transactions as contrasted with when you are buying a residence or commercial property for your own use or investment.In this regard we discussed the importance of making sure that [OUR COMPANY] is legally compliant with Wisconsin laws and regulations.

The carpet was by far the best rate I could find on FHA-compliant carpet.$2,700 for granite -- I could have gotten builder-grade granite and kept the old top-mount sink for $2,200, but decided on exotic granite and a new under-mount sink.$3,000 for painting -- the foundation is under a lifetime warranty, but the tenants didn't bother to water it, so it had to be adjusted and the walls and ceilings had cracks.

I would say a large portion of investors are not SEC compliant, not because they are shaddy or don't care, but simply because they don't know. check out this thread (don't skip the 2nd page)It is a bit simpler to borrow from a "partner", while definitely not ideal in all situations.

Going forward you can easily make your standard, legal lease section 8 non-compliant.

In addition to this aspect all other requirements need to be met as well for the loan to be compliant, which is another matter.

Fix up and owner finance Dodd Frank compliant since they are a "house on land".

One of course being if they are become non-compliant with the terms of the rental agreement, two if they expect any special favors or rent breaks that you would not customarily give to other tenants, and three if they can't understand your separate roles, as you are wearing multiple hats (nephew and landlord) which can significantly change the dynamics of the relationship.

Well a CF portal does the pooling on their side and can then fund as one Bene there by keeping themselves compliant in certain states.