To make matters worst, if you're not a party to a contract and you're bringing a buyer and seller together, you would be brokering without a license.

On the other side of the coin, you want to form relationships with REO brokers ( at least in years past, but low inventory is making this a dead game) who can bring you deals BEFORE they go on the MLS as well as short sale specialists who can bring you SS deals BEFORE they hit the MLS.

Code of ethics is when you are a REALTOR.I want to make the distinction so everyone understands.In many states you can have a brokers or agents license WITHOUT being a REALTOR.The states real estate commissions do not care about third party companies.Should everyone have Ethics??

I called my insurance agent and he told me that they don't care about permits.the insurance agent/ broker is a middleman who moves paperwork between his client and underwriter/adjuster/main office etc. they might speculate but would not know that for sure until the ruling comes from the main office. once your place burns out the fire department will determine the cause. then the ball starts rolling ..was the job permitted ?

If you don't know what you are doing get legal help.Are you looking through a broker?

I called this guy today and he is a licensed broker.

REO agents and HUD certified brokers can ensure that you do things accordingly.

Do you think a local bank or mortgage broker would be willing to lend?

Yes it seems everyone now is a commercial or residential broker.

Banks and mortgage brokers have told me that I won't qualify for a rental mortgage/investment mortgage if I don't own a home.