It's always good to begin reading laws from the very beginning, applicability will be stated along with exemptions.Unrelated parties who manage any RE for others for compensation are agents of the owner, a license is probably required acting in the role of a business agent.Local acceptance generally rules.

Credit information having an adverse impact on your application was received from: q One or more of the following consumer credit reporting agencies: q Equifax Information Services PO Box 105873 Atlanta, GA30348-5873 (800) 685-1111 q Experian (TRW) PO Box 2104 Allen, TX75013-2014 (888) 397-3742 q Trans Union PO Box 1000 Chester, PA19022 (800) 888-4213 www.transunion.com\direct The consumer credit reporting agencies only role was to provide credit information and cannot give the reason why your application was not approved.

That construction agreement may not be valid without a license.Forget any construction financing, you can't give the property as collateral.If suppliers extend credit for materials, they will generally want the address and owner to sign or a licensed contractor with a valid construction agreement allowing liens to be created.You can file your option and cloud title, but that cloud doesn't prevent an owner from selling the property subject to that option, the new owner will be obligated to sell it under the option, but if you fail to exercise it as agreed, they will own the place.

One of you options is to bring on a US partner w/ an EIN or SSN that likes your deal & would then take on the role of financing it or taking the lead in getting the deal financed.  

I'm reading one right now that would (if I signed it) require ME, the Buyer, to pay the Broker 3% or $2500 (whichever is greater) WHETHER I BUY A LISTED PROPERTY OR NOT.Now, my Realtor assures me that they would only exercise that if I bought a FSBO, but the paper doesn't lie: Some of these contracts are a liability. 

If the buyer is not satisfied with the information in the inspection report or cannot get the seller to agree to requested repairs, the buyer can exercise his right to terminate the contract before his option period ends.

You'll need to be careful with sellers, and very clear about the role you are playing.

Plus with lease options, assuming their prices aren't retarded (didn't run comps yet) they actually can much more quickly and easily get their property under contract for maximum price, if they're willing to accept monthly payments before the tenant-buyers exercise their option to purchase.

It also looks like the septic system may need to be replaced since it no longer complies with local laws, which may play a role in the lower asking price.

I personally had to go through an analysis exercise today, and I figured I’d share it here, just to provide another example of how some basic mathematical concepts can govern our investment decisions.Here was the situation that I found myself in today:I bought a property a couple weeks ago with the intent of doing some trash out and minor repairs, and reselling to another investor.