The other reason is for liability protection.

Although my personal experience in real estate is still limited, I am learning everyday and I have many successful business partners who also give of their time to help others as well.

There's got to be a limit to how much a person is willing to put up to join a club, and I suspect that falls at the point of 2-3 times the basic membership fees.

These statues generally prohibit a lender’s deficiency judgment against a borrower (often in connection with a nonjudical foreclosure action) or limit a deficiency judgment to the difference between the debt and greater of the fair market value of the secured property (as determined to the satisfaction of the court) or the price paid at the foreclosure sale.

It is currently 10 and has been for many years but prior to 10 the limit was 4.

Help them stay in their homes, give them a break and rent to them when no one else is, give them a free car... whatever you think is going to help them.That limits how much you can lose on them, limits how much is going to be stolen from you, and probably limits the number of lawsuits filed against you if you run it as a registered charity.

Finding deals in the area you want to invest using a sub 2 limits your options in todays market.Using partners or private money gives you the ability to go after any seller, rather than just the ones with decent loans.

Some may limit you to $25 or other specified maximum amount.

My real estate background is very limited but I am ready to learn as much as possible.I look forward to speaking with each and everyone of you.

Maybe because they have an in depth page or pages that completely explain the process that exceeds your 1000 word limit?