Does anyone know the laws for wholesaling in New Jersey?

I am going to a strict no pets policy because I cannot stand the smell of dog poop.

Then the property went under foreclosure and now had to comply with the new zoning laws, which explains why its zoned as single family.

LOL) We are builders, so our viewpoint is somewhat different than those strictly investing to hold, etc.

Hi Niranyan Figueroa,Depending on your state's laws, you should just need simple non-compete and non-disclosure clauses in the contract with your client.

We plan to vacay and scout out the area for our own future rental property.I would think a good property management is key too, if it's a few hours away.Or at least an infrastructure to "clean"/ inspect between visits.I have seen many different contracts. some just a page, some a novel.I have seen relaxed landlording based on the honor system.I have seen strict landlording with RULES and REGULATIONS.I have been in homes, where stuff broke and they were able to fix it right away...that is my biggest issue b/c this lake is 2+ hours awayOne vacay home had a local residence to help monitor their guests (us)

My father-in-law is also a very experienced agent and former broker with 35 yrs in the business who has been there to guide me and will do my deals.

SEC strict laws on marketing for investors.1) Syndication- setup an entity structure to pool Canadian investors or professionals to invest in a multi-family property with me managing the project.2) Meetups- conduct meetings on 'Retirement Planning' (RRSP- IRA equivalent) or "How to Make $s flipping properties in the U.S."

This has been the old scam of investors, part of the reason I'm sure new laws have been adopted and such plays on the formation of a new regulatory agency, the CFPB, so far, they don't appear to be very investor friendly,doubt they will be in the future either.As Marc pointed out and as I mentioned, any note buyer will be considering the collateral, the market value.

You need to check with your state laws concerning the matter as over charging can create hefty liabilities for you. :)