I'm not an attorney, but I would guess that it's perfectly legal -- HUD-1 settlement sheets (and the RESPA laws that would often govern things like this) are only required to come into play on deals where the buyer is using a government-backed form of financing.

You can't work in a government job requiring you to be a U.S. citizen (which is most government jobs), gun rights are reduced.... just to name a few.

Perhaps it was missed, criminal activity may allow the government to seize the property, it's not a bank foreclosure, the government takes it, auctions it off, pays liens off and sends the equity or ill gotten gains through the justice department funding operations.Call the Sheriff's Dept or county court records to see what the status is, if any, if there are such issues, you can't get anything from that sale.

Since you're in northern VA and you have studied Middle East, I would say you could do well contracting for the government.

I work for the government as an engineer (my lady is also an engineer).

I work for the government as an engineer (my lady is also an engineer).

@Wayne BrooksI am looking at the government website right now but theres quite a bit to look through.....do you know what those restrictions would be, specifically?

This is one of the primary reasons the government tries to restrict these investments more to accredited investors.Liability concerns vary widely in offerings.

The federal government of the 50s and the 60s and even the 70s is no longer small business friendly.

You can buy a house using cash and financing and get annual tax benefits in write-offs etc, but income from that property or properties will be taxed at your normal tax rate (after deductions) and God only knows how high your tax rate will be in 3 years once our government gets their heads out of their rears and realize that we eventually have to start paying our debts.