Some communities are now passing laws stating it is illegal to rent to illegals.

Hello- Just wondering if anyone knows of any real estate internet website law?

Rehabbed it with a lot of help from my father-in-law.

The laws and terminology differ dramatically from state to state.

Remember also that corporations and LLCs are governed by state laws, so what's true in one state may not be true in anther.

Cash is cash, but a tenant that "promises" to make good is STILL a tenant, and now you are subject to all applicable Landlord/Tenant laws, including the typically lengthy and costly eviction process.

I used to counteract this doing CFDs until the law in TX made that a less attractive option.

Has any case law come down about it?

What fees can be charged and how much will be determined by state law.

I'm pretty sure that Ryan is correct about the usury laws, and anyway if you charge so much interest that the investor who's borrowing it can't make a profit you'll end up with a bunch of property that you don't want.I've made some HMLs and I've never charged anywhere near those numbers, although with points and fees I make sure I'm NETTING a very nice return.For those kinds of numbers you have to become a "payday" lender.