To quote directly from the MA relationship disclosure the definition of designated agency is "Only the real estate agent listed below represents the consumer named in the form.

Kudos, because it is far easier to improve on your personal situation when you no where you are at.Depending on the assets that you have it can be fairly time consuming to determine a market value more than say quarterly.

(BTW, India has some horrible banks as well in addition to some very enterprising banks.)One other reason for the difference in attitutes between bankers in the two countries is that banks in the U.S. are primarily focused on consumers - credit cards, home loans, etc.

And the money that consumers presumably saved through lower prices could then be spent elsewhere or saved.Thing is, lowering corporate tax rates to zero (or near zero) would be very unpopular politically.

It took me FOREVER to find one so I could refi out of a private loan.

There are additional depreciation benefits for taxes that will make the 42% equate to something higher when compared to a flipping business or other investment (could be as much as +60% if you're in a high fed/state tax bracket)Successful flippers might look for annualized ROIs in the 100% range, though they have to pay payroll taxes, and is a more time consuming effort compared to using property managers for your buy-and-hold rentals.

Brian, you are totally consumed with interest rate risks.

When I saw the even higher returns in real estate, I got in.People wrote of the Detroit 'burbs forever but the thing we have in this country is great entrerpreneurs who brought the auto industry back.

Although I share some of the concerns for you starting out in such a rough and time consuming venture---darn impressive and ambitious!!

I can't imagine it's a general, or consumer law on granting credit.