This is your 1st transaction and you are way too deep in this transaction.

You can set the on line system up so that they have to pay for each transaction, or you can pay for it.

This bucket is safe from lawsuits, protected from bankruptcy, and it also builds in there tax free!

You can ask the seller to accept a demand promissory note to close the first transaction and that immediatley thereafter you will obtain funds and pay the note in full.

The transaction is actually completed at a "closing".

Is that legal under the SAFE Act?

Meaning, do I need to inform the bank of the transaction/settlement or kickback toward closing of 7,400?

This would be considered a "Flip" transaction with most lenders and is thought to have increased risk.

. / etcPossible transaction :==============================================Sub2 - borrow money from Sub1 at 7% for 9 months Sub2 - borrow new obtained funds to Sub3 at 14% for 7 months Sub3 - completes rehab, market property, &sell to new home ownerSub3 - pays back Sub2 original loan amount + interest used ( 14 % + rate )Sub2 - immediately pays back Sub1 + interest used ( 7% rate )Sub2 - made interest off of Sub3 rehab deal basically ( the interest rate difference )Everyone happy -> sub1 , sub 2, and sub 3Again~I know their laws & licensing for offering private/hard funds

It is a chlorine dioxide gas - which is safe to breathe in the quantity this packet produces.