Marie, Regarding your question about the 10% requirement: Although we're not sure how that applies to we that are licensees, I don't believe it applies to you as just a non-licensed borrower in a purely non-advisory non client-professional relationship with the borrower -no more than the private lender has to look out for you, and whether the loan is appropriate to your financial circumstance.With respect to the 10%, if that requirement exists, it's big for licensees if they're covered by it and if David's understanding of it correct

Hello BP,Bumped into this site through pure luck, browsed for a few, and learned more reading the forums and blogs than I have in the last month of trying to lock up a deal.

But compared to the $25 monthly subscription that I have to a lot of educational sites I would have to say that the benefits of a REIA is definately worth more and provides an environment of pure real estate.

Buying as a pure rental property.I just learned that the property is in a flood zone. $1,600 quote for flood insurance per property.

The video is helpful.My purposes are purely about maximizing after-tax revenue as a licensed real estate agent.

I figured 6 month of just pure learning and 6 months to make a good investment decision.

We use both personal properties and pure rentals.Don't forget to check out the blogs and podcasts.

if they're not buildable, it's a pure liability.

They have no tax reporting requirements in the US.If you are a purely US company, with no holdings or presence in the UK, you have no reporting requirements to the British Inland Revenue Service either.I have not researched it myself, but my British friend tells me that interest earned by a UK citizen, living in the UK, but from a foreign source is not taxable in the UK, so you are not technically required to report the amount of interest paid, even to the investor, although I would think you would want to do so as a courtesy.

I buy an MFR for 500k (purely as investment, no interest in living in it), and things go smoothly with renting it out and soon enough I'm making a little bit of money on the property.5 years down the line, I get married, have to move to Boston for work (or some other city far away), and I'm ready to buy my first real Residential home to live in.