For those who are unaware- You can buy bitcoin through regulated platforms such as bitstamp.net.

The geniuses at the local cities here talk all day long about affordable housing while adopting regulation that prevents MF construction unless it's a 100+ unit apartment or 50+ unit condo/townhouse.

I am trying to give you general information to help you learn so that you can better interact with legal or other professionals.Many Gurus have said that "Pooling"  money requires following SEC regulations and that one lender per deal does not.

Diane,,, your really barking up the wrong tree thinking you can negotiate with a lender that is leaving the space.. better use of your time is to find a new lender..Banks will often change their positions on what they will and or won't do.. you have no way of knowing if there loan portfolio is out of balance and too heavy to real estate and the regulators have dictated them to reduce exposure to RE.. this was common of course in the Meltdown.good luck with it.. should not be a big issue If Chris cant help you then dial for dollars... but thinking you can convince a lender that wants to exit and has a legit balloon coming up,  that's a fight you cant win.. foreclosure in CA takes 7 to 9 months give or take. and of course there will be bidders and you would be entitled to the overage as this would probably bid up to 1.4 to full price of 1.7...

How are the RE rules and regulations diff from U.S.?  

You area will likely have different regulations I just use these as a n example. 

There's not as many regulations if selling to another investor non-occupant. 

He will however not stop although he will promise to do so.I suggest you study your state regulations and, based on your assessment of this tenant, terminate his lease a soon as allowable.There is no point in attempting to deal with the smoking if you do not wish to keep the tenant unless you are stuck with him due to the term of the lease.

When you have a license you are bound to all the rules and regulations that go along with having that license and that includes disclosing the fact that you are a licensed agent.If you are planning to buy and sell land off market, you will just need to make sure that all parties are aware that you are a licensed agent but only acting on your own behalf and not representing any other interest but your own.

You will not have another late.If your state regulations do not allow this you either properly manage the property, turn it over to someone who can or live with late payments.