I have closed several hundred commercial and residential deals in the northeast, and I have seen people who have closed without clear title then have serious restrictions as to who will refinance their properties, and ultimately have to accept less than market rate offers when selling because the pool of buyers with the appetite for the chain of title issues is much smaller when they resell.In the matter of this post, a chain of title defect is a serious defect.

I don’t want the restrictions that can come along with it since Realtors are held to a higher standard.

Unfortunately, the IRS restricts SOLO 401ks to non-recourse loans for borrowing.I have been having trouble finding a non-recourse commerical loan for multifamily in New York state.

Only for evictions in TX, that restriction on needing an attorney was removed last year, but you still need to follow all the rules of evidence and procedure as a licensed attorney.To be honest, I see so much bad, I too am writing an REI Legal Desk Reference.

If you discover that you are doing a syndication there is an extra layer of legal documents and restrictions that will come into play.

One of them is asking me for the building restrictions for the subdivision and I have no clue how to find them.

Thanks for reminding me Anthony Gayden; We first looked at the HELOC route but found the interest rates to be significantly higher and the terms a bit more restrictive.

No matter what type of a loan you purchase using, the selling bank can record a deed restriction as a condition of the sale and that restriction can say that you have to reside there.

The website for FHLBANKNY looks like you need to be a member to access and membership looks restricted to financial institutions.Two  of the other loans are based on US Treasury 5 year and that's easy to access and find data on, but not this index.

I was thinking of turning it into a 6 or 7 bed house and renting out each room to college kids...Any restrictions or laws or regulations in the state of Washington that would prohibit me from doing so?