But like I said, if there is a legal/ethical way to use the cash without dealing with higher cash-out refi rate, I'm all for it. 

They are acting as an agent without the laws, ethics requirements, education, and insurance that are vital IMO.

That means that he is required by ethics and by law to represent the seller's best interest - not yours. 

Effectively, you can do whatever you want as far as the operation of the business and its goals (assuming legal and ethical, of course).It is very rare that a state would limit a corporation's activities, so long as the corp is licensed as the state requires.Bottom Line: If you are licensed as the state requires and you are the only shareholder, there is no reason your corporation can't buy real estate.

The site seems like a great resource for those types of things and I'm really glad I found it.One example of something I'm really in the dark about- I'd like to know when and how is it legal/ethical to follow-up on expired listings? 

Below are two Code of Ethics references that I think the agent violated. 

Welcome to BP @Steve B.Lots of honest people who are very ethical.

The Realtor brought you the deal, so you can offer them a bird dog fee but if the Realtor is presenting the offer to the seller then ethically they deserve commission.

If you can't answer these questions then there is an ethical aspect as to why you would contact a potential seller in the first place.Assuming that you do have the money and the ability to perform, keep it as simple as possible.

How best to inform them , to give them assurance that this is legal, ethical etc.