Use the search function at the lower left of the screen and search for IRA.

. , also talks about one who does not regularly engage in the business of making or brokering mortgage loans one of our recent REIA's we had a lawyer discussing this, and he kept mentioning how theres alot of gray area, and there has not been any cases where this was brought to court, My undestanding is, if your owner financing the properties, you'd be regularly engaging in the business and could be found guilty. the lawyer wasnt even sure. just dont get caught.

It is very difficult to prove in court that other people or animals are living there.

If this happens, you will have a BIG problem and may have to evict them in court.

The FV (future value) function will calculate the balance at some point in the future.

When I buy a house at a trustee foreclosure auction and the previous owners are still in the house, do I need to hire a lawyer to evict them or can I, as the new owner, just show up at the justice of the peace on the court date with a copy of the trustee's deed, or do I need other documentation?

The respective insurance company on each claim is bound to find out of the other policy's existence and could (more than likely would) attempt to invoke the "excess" clause of it's own contract, potentially leaving the owner waiting for courts/arbitration to settle...

That's my court date.

The reason that the risk is very low is that a successful investor will have the resources to handle whatever happens: refi if the loan is called, fight in court if the lease-option seller refuses to consumate the deal; etc.

If you agree to allow a tenant to paint, they can easily be judged (in court) to be your employee.