@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.

There is no county, city or state record of sales as we are surrounded by lands owned by native Alaskans, and the federal government.

@Steven Hamilton IIBill Gulley THANK YOU so much guys, I always learn a lot here.One more question if I may, is it risky to use "market value" based on government property tax assessment as opposed to hiring an appraisal?

To say that IRS Code would or could be a determining factor in a mortgage financing violation that is governed by specific law under another federal agency having jurisdiction is not going to be the guiding factor nor applicable as we'd be talking apples and oranges.The reason I'm pointing this out is because we certainly don't need to commingle laws by different agencies that have two different regulatory goals, creating duplicate and perhaps contradicting definitions in compliance .I'm pretty sure that if a lender is charged with a violation under the SAFE Act they will be judged under applicable law, under the SAFE Act as to the specific charges and those definitions Act shall govern.Now, if you end up in tax court, those issues mentioned above by Bill W. will be the governing law and definitions to be used, without a doubt.

It seems like every other day I pick up on another little tidbit of information or rules regarding Fannie Mae rules, government rules, bank rules, tax rules etc when it comes to home ownership as an occupant or an investor - 4 max mortgages rule, 1 year occupancy, size of % down, and so forth.

I'm a systems engineer who is transitioning away from government work over the next year.

The band leader (government) is requiring the entire band to be on the same sheet of music.Commercial lending isn't under the SAFE Act, but there are still legal requirements, Fair Trade and the Uniform Code requirements, it's not the wild west.So, to do a seller financed note or private loan, you need, no, you must know conventional financing requirements.