They may not have any legit basis for their demand other than being able to set some rules.What this is however, if it were a person that could be defined as a lender is a form of red lining setting a class of single family properties in a category and refusing to lend on them.

, so you're probably looking to attract those in category #2 for the time being.

Ask what they see them selling for and what expenses are by category.

My trouble is choosing the Category.

(This falls under the category of "Not an office job"!)

As a private money lender, you fall much more into category of an investor and there are special rules at play.

I have bonus entititlements available which I was planning on using to purchase a forclosure property to live in.

But what was interesting is I am in sales and have been paid base + commission/bonus for 10 years.

- advertise or make any statement that indicates a limitation or preference based on race, religion, or any other protected category...http://www.nolo.com/legal-encyclopedia/free-books/renters-rights-book/chapter5-2.htmlSince age and familial status are protected classes, making any comment regarding those (or any other protected class - see your state laws to confirm what all the protected classes are) is considered discrimination.

I have flipped many homes of all different varieties and values, and I can say for a fact that sticking to your guns/rules, having a contract, and including completion time factors with bonus for early/penalties for late and draws is vital.Here is another lesson I have learned I will share here: it is literally impossible to remember to include every fine line detail of every repair item you go over verbally and then place in ink into contract.