@Pat L.No obviously the government needs more money, and more taxes, and more control to make something habitable!

. :)"The intent of the legislation is/was to regulate Residential mortgage loans.

I understand this changes things and that there are regulations which discourage this.

Startup business costs add to the value of the business directly; educational costs are costs that bring you to the point of being able to start the business.The US governement has student loans available for all sorts of educational pursuits, including a lot of junk programs with very small success rates.

In my opinion, with the way the government thinks it can spend its way out of debt, there are very few solutions, if any, other than inflation.

Originally posted by @Justin Silverio: He did say non-essential personnel.... that would be Government/State workers not aspiring capitalists :)

what rule/regulations do we follow when charging the interest rate as a transactional funding lender?

Finance is very structured and intertwined by rules, regulations, laws and acceptable practice, you have plenty of room to operate outside the box, so long as you stay inside the larger box.

Title insurance is a regulated industry here and the State Insurance Commission sets even the rates that all title companies charge.

Those professionals included on every deal are:1) The Licensed Realtor required;2) The Licensed Independent Banking Institution required;3) The Licensed Loan Officer required;4) There Licensed Independent Appraisers required;5) The Licensed Title Company that will close the transaction required;6) Licensed Architects required;7) The Licensed Land Surveyor required;8) The Licensed Civil Engineers required;9) The Licensed Mechanical Engineer required;10) The Licensed Builders and Subcontractors required;11) the Licensed Realtor Property Managers required to rent the property.SO YOU SEE, OUR ENTIRE PROCESS IS HIGHLY REGULATED AND INVOLES ENOUGH REGULATED LICENESD PERSONNEL FOR EACH PART OF THE TRANSACTION!