Commissions have certain advertising rules and disclosure laws that must be followed.

Does anyone know the laws for wholesaling in New Jersey?

Then the property went under foreclosure and now had to comply with the new zoning laws, which explains why its zoned as single family.

Hi Niranyan Figueroa,Depending on your state's laws, you should just need simple non-compete and non-disclosure clauses in the contract with your client.

Point being tax laws change.

My father-in-law is also a very experienced agent and former broker with 35 yrs in the business who has been there to guide me and will do my deals.

SEC strict laws on marketing for investors.1) Syndication- setup an entity structure to pool Canadian investors or professionals to invest in a multi-family property with me managing the project.2) Meetups- conduct meetings on 'Retirement Planning' (RRSP- IRA equivalent) or "How to Make $s flipping properties in the U.S."

This has been the old scam of investors, part of the reason I'm sure new laws have been adopted and such plays on the formation of a new regulatory agency, the CFPB, so far, they don't appear to be very investor friendly,doubt they will be in the future either.As Marc pointed out and as I mentioned, any note buyer will be considering the collateral, the market value.

You need to check with your state laws concerning the matter as over charging can create hefty liabilities for you. :)

However, from a "Bargaining in the Shadow of the Law" standpoint if the Seller realizes that the contract is arguably valid and still enforceable She will likely be less emboldened and probably hold up to her end.