Hello BP,
I am totally new to REI but, I I'm already in love with it (I have15 yrs. previous mortgage exp). My delimma is that I have never done anything half way so, I'm out on a leave of absence from my jo...

I don't do residential lending, but I like to be able to refer people like yourself to someone that can help them.Now, part of the reason that private lenders have avoided residential is the degree of uncertainty regarding compliance with the new laws.

The email issue is a tricky one, as if someone replies after you open the email, you still won't be taken to the last post.i belong to other forums and whenever a reply triggers and email, that link takes me to THAT ONE reply. there can be 50 replies after that, it does not matter.that makes it easier to "continue" with the conversation instead of looking for your reply and starting from there.

I usually advice my clients to form entities based on three factors - legal protection, tax reduction, compliance.

You have to compliant with your real estate commission advertising rules.As far as websites usually if it is not a company paid for site you would own it.If you have a high ranking SEO site upon changing brokers you would simply delete their logo and add the new brokerages logo to be in compliance for advertising rules.This is not legal advice so check in your area.Be wary of brokers saying "everything is FREE".What they are really doing is incubating you where you are using their websites,business cards,etc.

Keep in mind that when the time comes to sell the investment, you will have UDFI (unrelated debt financing income) which triggers UBIT (unrelated business income tax) UNLESS you pay off the debt with IRA funds and hold the property for at least 366 days.Personally, I find that holding rental RE in your IRA is not the best usage of the funds.

To run your own shop you'll need a Series 21 I believe, lots of compliance and alot more money.

Pierre - Projects & Property Management, Randy Eastwood - Compliance, Eric Washington - Communications, I run Technology and Finance.

So if I sent written notice (in compliance with the property code) that the rent was changing to $725 and the tenant sent me $675 they would still owe $50 even if I cashed the check.

I've come across this forum because I am getting ready to pull the trigger on an HML application with a company called BridgeWell Capital based in Orlando.