His real estate agent (who I've never worked with before) insists we need an attorney even before we have submitted our offer.This is what his letter to the agent said:"For this representation I can provide a flat fee of $4,000.00.This flat fee includes the following:1. drafting/negotiation of LOI2. drafting/negotiation of purchase agreement3. participation in due diligence coordination with settlement/title company, oversight of TOPA compliance by seller4. review/negotiation of loan documents5.

You have to be careful with these, because there is some rule that says if you have employees, they must be able to participate if they want to, so be sure the company you use for your solo k will not have employees.

Sometimes HML will participate in the funding of the loan which serves to encourage the HML to be a bit on the conservative side of origination since they share in the risk.

I definitely get the bigger prices = bigger profit, but am struggling with how to still participate without a significant sum of cash to put down on a home.

Another reasons is that some transactions are accomplished in the public good, making the loan will advance the lender in the community and under federal laws requiring the lender to participate in community based projects.

The last run up in oil didn't have the support of any fundamentals and I believe this current spike in prices isn't any different.I wonder how many speculators who got burned in the last oil bubble are participating in this one?

I have been browsing the site for a while and I am now ready to start participating with this community.

Not that his participation would change my thoughts on neighborhoods to invest in.

If the lender wants you to participate in the purchase process and you essentially tell them you are while not disclosing a document that states you are not, I am not sure how that would sit with the lender post closing.

So where on the spectrum between business and investor do you consider your participation in real estate to be?