Penalties include the UPB being forgiven along with 6 figure fines, under TILA alone, you can look them up, they are on the internet I'm sure.There is no law against reporting what one believes to be a violation, I made no determination in this matter.I'm not anti-lender, I am anti-scammer or illegal operator as it makes things unfair for all the lenders who operate legally.

The good news, however, is that the SEC is thinking about changing the rules so that average Joes and Janes can participate.

Just don't leverage your money to a stupid point where any bad news will make the whole thing crumble. ie Bear StearnsIn most investments, the risk of "losing everything" to the point of bankruptcy are very very small.

@Joseph PytcherThe bad news is you're going to lose your deposit.

I have the full report on this property, Im just throwing out a few details and asking for advice on what to do?

It automatically generates monthly rental invoices, reoccurring bills like sewer bills, and has great reporting functions.Going even further I got set up on IPN (Intuit Payment Network) and now I email my rent invoices to my tenants and they can click a link, and pay me online, I then just click to receive the payment and everything is recorded instantly.There is a learning curve to some extent.

I have seen and read so many conflicting reports.

How can you report an unscrupolous property manager who is managing multiple properties without any real estate license?

Since I don't work for Bitcoinprops.com, I am not being paid to report on the transactions, I just find bitcoin interesting and therefore thought others might also enjoy a real estate article related to bitcoin.

Particularly a foundation issue, that finding reported back to the seller makes it necessary for seller to disclose same to any and all future buyers.Secondly, I would strongly suggest you build a buyers list of rehabbers who are local to your market.