That translated, means I'll give you my opinion, I'm not about to argue with anyone, so let's move on politely and with due mutual respect.As to the issues of non-recourse financing or not taking personal financial responsibility for debts created.Let's start by giving some reasons why non-recourse debt is used and where and when it's appropriate.Non-recourse debt (NRD) is customary in certain business loans where either a personal guarantee is illegal or it fails to comply with regulations or where the entity lending has 1.

While much of what you will learn here is universal in nature, there are distinct differences between the U.S.A. and Canada in areas of regulation, taxes and financing.

After further investigation I found out that the government has seized her property.

Different insurance companies have different rules, regulations, and coverages.

Do be aware of the strict guidelines of FHA regulations.

Corey,I agree and when the government gets to involve everything will go south.Joe Gore

There are questions on how the new regulations will twist things around but the earlier you can get the deal done the better.

So, if I were to say that I didn't attend a closing this past year, didn't make a loan, didn't swing a hammer, didn't list a property on the MLS or didn't do any installment sale, I would not have the pulse or rhythm of my market or be current in my market and couldn't be current with rules, regulations, laws or ordinances applicable to RE?

The government will allow you to deduct $.55/mile, which is a $55 deduction on this job.

But that's part of what the fat paycheck and the FDIC-insured deposits that produce all the ROE come with.. a highly regulated environment..