I am just curious about this area and am very new to investing. Are there programs available through the state or Federal Gov't that can be a starting point for someone who does not have a substantial amount of income...

Assuming you don't go up in total amount borrowed (or total loan length) from house to house, and assuming you are making a true profit each time, and assuming you apply that profit to the mortgage, then yes, you will pay off your house more quickly.For this to work, though, the profit needs to be from your improvements (repairs) and not appreciation.

I would be happy to assist.

I recently started a home improvement company - albeit mostly to get my sparsely-employed-as-of-late-contractor-boyfriend off the couch..( He is great at what he does, not so at sales, marketing, follow up, paperwork, keeping books, which I am now handling, along with some light assistance to actual physical work)...Anyway I'm starting my first rehab shortly and was planning to just do the work (it's a light job) between he, I and maybe another guy we know.

Then they will all want to borrow money from you.I normally do not share what I am doing with family and friends unless they ask me directly.

---My favorite thing is catered breakfasts, with a beautiful view of Central Park out my window while I am giving comps in Gwathmey and Gehry buildings to David Geffen, and waiting for my black car to bring my assistant back from the bank with my deposit slips.

As dfwagent suggests, it is only fraud if you intentionally deceive the lender so that you can borrow funds you would not have been able to borrow otherwise.

The federal law that allows protection for the inter vivos trust exception specifically addresses the beneficiary of that trust ("a transfer into an inter vivos trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupancy in the property;") but I would definitely talk with an attorney and look at the specific clauses in the loan documents before I did anything.

I look forward to assisting my fellow associates here any way I can using technology and good business ethics and trading information.

Then they assist you through conversion to condo units 24-36 months down the road.