“We have said before that firms would need to improve their operation or exit the market, and we are now seeing that happening,” said a spokesman for the FCA.QuickLoans.co.uk, one of UK’s biggest payday lenders has already left the market, according to it’s recent announcement that it will stop offering payday loans because of the, “continuing, even increasing threats of political interference by the Governments.”The same has been seen in the U.S. with federal government interference in lending under Dodd Frank with the creation of the CFPB (Consumer Financial Protection Bureau).

Interesting Q, as in CA our regs can be more pro-consumer than other states.

I started by saving every penny i had through college and bought my 1st house just right after college using the money i saved up as down payment. click on the Learn tab in bigger pockets and there will be plenty information to consume for the next few monthsRegards,Huy

My point in this thread is that in the long run if one can find a TRUE EQUITY partner on the ground in the MARKET you want to invest in that you WILL make more money in the long run and have much fewer sleepless nights with a partner than you will buying from companies that are making a profit selling it to you ( not off of MLS) and managers that are in the business to MAKE money and they make it off of your cash flow and repairs)AS I stated..

Most of them are ok but a couple of them were extremely difficult and time consuming to deal with about certain issues.

@Matt Laird ,If you're preference is for the most passive/easiest route w/ higher yields you can try prosper.com or lendingclub.com (peer to peer lending sites.)They are unsecured "consumer" loans yielding about 6-12 or 15%, depending on credit quality, for 3-5yr options I believe..

I should be hiring out the hard and/or time-consuming stuff, and keep doing what I do best: real estate!

To time consuming and complicated

A few thoughts: 1.) before investing, consume a TON of info.

How it works with us is a mobile home would be a consumer secured loan, the same as an auto loan.