I was told that I would have to bring at least 15% down per federal guidelines for a multi family.

If this parcel is out west Galveston it’s subject to City of Galveston wetlands regulations as well as at the federal level.

I think there is a federal and state gift tax. https://njbmagazine.com/monthl...

Either though i reported them to several Federal law Enforcement Agencies, their just too stupid to stop!

There was no negotiating, Federal Law requires reverse mortgage foreclosures to be sold for the appraised value they are listed at.How did you finance this deal?

There was no negotiating, Federal Law requires reverse mortgage foreclosures to be sold for the appraised value they are listed at.

Most who do this type of business ignore the Dodd Frank guidelines, which is a FEDERAL RULE and applies to all states. 

A few of those have been: Merck Sharpe & Dhome Federal Credit Union, Philadelphia Federal Credit Union, and TruMark Financial Credit Union. 

I would appreciate it.Let's say there is a family that owns a house with a mortgage and at some point they don't want to pay the monthly payments and ready to sell the house.Am I breaking any Federal or State laws and will such idea work if:I sign with the owners at the notary 2 documents:1) the right to property, in which states, that ownership on property transferred to my company from them (I guess it is called "Warranty deed") and no one can claim on it, even if former owner dies or goes bankrupt;2) Purchase agreement, where is specified that my company wouldn't pay them the full amount of the mortgage, but will take this property with mortgage and take control of the monthly payments on the mortgage + if necessary, close the overdue payments (can I make mortgage payments directly to the Bank?).

It's not a federally backed loan, the bank holds it for their own profit.I was wondering if anyone knew companies/lenders like this and could recommend a few names.