This seems to fall inline with the SAFE Act requirements, the holder will be responsible for the proper originantion, just makes sence as if a note were originated in violation of law the originator or original hold who was liable simply sells the note off, it becomes the next guys issue to enforce the note and there would be few teeth to bite the note seller or the originator and none for the current holder.

I grit my teeth every time a tenant puts me in this type of position.

Purchase price: $730,000 Cash invested: $77,000 Gorgeous Duplex with 4 bedrooms.

I know wilton is very pricy. it is about 3 acres and although the land is beautiful, super gorgeous stream running through it, it is not easily accessible.You would have to clear bushes and put down an asphalt road of about 1000ft long.He is selling it pretty cheap though .. about 150K.

Some people you talk to it will be like pulling teeth to get information or to get them to make a decission.

They may or may not have a legal interest but they will most assuredly have opinions but often no shoes or teeth.

They left a gorgeous 4-piece Bassett furniture set in the master bedroom, a second bed, a double-recliner sofa, two end tables, two lamps, a TV stand, and a china cabinet.  

Eventually, I will have access to 'better' funding mechanisms, but for now, I'm much more comfortable cutting my teeth with my funds.  

Despite all the wringing of hands and gnashing of teeth by investors, the hurdles aren't that high.

I worked as a barman and a doorman in a dance club.And fell for a gorgeous Dublin girl named Pauline McCarty, but just too young. :)