Perhaps if enough people get the word out that they would find fewer suckers.

I said go for cash buyers, not retail buyers (who generally go FHA now).What happened in the past year is not indicative of what will happen in the coming year.Of course, there are some lenders who might still play ball, but the trend is fewer and fewer and it isn't always easy to steer your retail buyer to your lender of choice.IMO, you will spend too much time and effort searching for that elusive retail buyer and lender who will do these flips.

That property is sold, (and is bait for consumers), but let me show you another property that is similar (switch)!

We incorperated in Nevada because if sued we were told we would be figthing with Nevada Law on our side, instead of CA law which is more consumer friendly.

RESPA is suppose to protect the consumer/end user/buyer.

The Owner who is doing the financing can trigger a non-compliant action by doing any of the following activities without a license:-Taking a mortgage loan application-Discussing interest rates, terms, loan payments or loan fees with the consumer-Negotiating loan rates, terms, payments, or loan fees with the consumer-Preparing a loan package for the consumer Yes, the owner financer can refer the customer to a third party licensed originator, such as a mortgage broker, to handle the loan origination and completing the government related documents for the loan.

I feel like acquiring properties would be much more fewer and far between if I was saving up %25 each time.

I don't have any experience with these deals, but I'll answer to bump your thread and hopefully get some more response.My understanding is that the whole lease-purchase world has been upended by various consumer-oriented laws and regulations.And I think the dirty little secret of that market -- and someone can correct me if I'm wrong -- is that a fair number of lease-option sellers take large down payments in advance, full well knowing that their "buyer" will not be able to make good on the sale, hence forfeiting their deposit.Rinse and repeat.Regrettably, I think the reality is that the overwhelming percentage of people with bad credit for this or that reason will never turn themselves around financially.

So, three people require a minimum of 170 square feet and four people sleeping in the same dwelling require at least 220 square feet.Overcrowding# In addition to the federal laws, the California Department of Consumer Affairs allows for a landlord to establish a standard for the number of people per square feet in a dwelling but cannot use overcrowding as a pretext for refusing to rent to tenants with children if the landlord would rent the same space to the same number of adults.http://www.ehow.com/facts_7465091_california-maximum-occupancy-law.html

You will have to look at the legal costs versus the value of the land if you win.Hopefully both of you can have attorneys draw up a solution outside of court litigation which can be expensive and time consuming for both parties.