Check your deparment of natural resources or department of conservation for the rules.

For a long time I had trouble finding any deals that yielded the 2% rule.

If so, and assuming you're going to do hard money for the financing (that or cash, without the CO) then the 70%-repairs rule of thumb applies.ARV = $320,00070% = $224,000repairs = $100,000Max price = $124,000Pay that, and if everything works out as you expect, you stand to make about 15% or $48,000.

They feel that pooled investments are really securities and are regulated much more heavily than real estate transactions.Lending nationwide means knowing the rules and regulations in 50 states.

Check your loan documents and the state rules.3.

Hence if it looks too much like a deal to pay a commission to an unlicensed person then the judge can look past the documents and rule against the parties.John Corey

The second thing the att says is penalize the HO, and the third is to go to court and get an injunction.So, maybe in the next months, the board may decide to make a new rule--to be similar to the one in the other association.

I make sure that I fall under fair use rules when I do it.

Well, your advice definitely ruled out that option:) I had not thgought of the associated cost/hassle and so glad I can ask here before truly considering any action.

Currently, we're pre-qualified with a lender to purchase investment properties.I believe the biggest lesson I have to learn is determining the cash flow potential of properties by comparing sales price and against gross rents - the 2% rule as I've read.