We use it as a partnership for tax purposes (pass-through).

This HUD ruling has been around for several years, in is in keeping with the primary mission of HUD to promote home ownership, not business opportunities.HUD was put in place by congress and given regulatory powers under federal law.

The main purpose is to learn about investing in real estate and creating new friendships.

I PML can lend money to whomever it wants for whatever purpose it wants.

The terms, I/O are okay in a commercial loan, but not a good idea unless you can pay it down for a loan at any time, don't think appreciation will get your LTV there.Make sure you run it by an attorney and ensure the "use of funds" remains for a commercial purpose. :)

Thanks for  @Leigh Ann Smith 's post, I now understand why  houses in Sping and Conoe are promoted for investment.

Perhaps for the readers you can address the more important ideas that come with this plan of not recording things:Concealment = "...in any matter within the jurisdiction of any department or agency of the United States...knowingly conceals or covers up by any trick, scheme, or device a material fact" - LINKDuty of California Licensed Broker to Disclose = Suggesting to not disclose for the purpose of concealment seems to go against California Broker Code of Conduct.

@Linda D.Every single post you've ever made on BP - every single one - has been for the sole purpose of staunchly defending NRIA!

Another purpose of these policies is to make the housing market less correlated to employment situation as more owners are investors.

Most of us private investors don't hold in tranches.Lastly, transfers for estate planning purposes often use a 'trust transfer deed' which is pretty uncommon for banking and business use.