I was @ a conference and heard a presentation on creative seller financing.

Well, maybe in CA.....Check and learn, and be consistent, it's your best defense.

I do work through a broker, Kevin Amolsch (who's also speaking at the conference, hint, hint), and he's moved from individual loans to a pool.

If you think you have found the deal of the century and you happened to hear about it in a hotel conference room then chances are you're going to get burned.

@John Kim  & @Marcus Kennedy Thank you for coming to my defense.

I would love to hear tax attorneys discuss successful audit defense of things like:*defending Real Estate Professional status;*defending depreciation of buy-and-hold properties while simultaneously wholesaling other properties in volume*defending an audit (IRS or Labor Dept) of a self-directed retirement accountPlanning for taxes, and filing taxes, is very different from undergoing and successfully defending a tax audit.

If you are both vested in title to the real property, the owner of the real property, whom ever it may be, would bare the liability of the real property.The best defense against this liability is insurance first and then you could also look at vesting the property into a Limited Liability Corporation or similar as additional layers of liability protection.Another concept here which is being jumped over, if you are married your assets are joint by law through the marriage.

They are a bit old school, I go crazy at their conferences.  

Our ideal space would be small office/business friendly small office or suite type arrangement with shared facilities - conference room,kitchen, restrooms etc.  

And in fact all payments made are considered principal.There is no defense for breaking Usury laws its a slam dunk for the person who owes the money and a tough lesson for any lender..