On the other hand, responsible people with equity in their home were stuck with higher interest rates due to inability to refinance (and get the same lower rate honestly).Whatever investing you decide to do, consult with an attorney and/or CPA on protecting your assets in case a deal goes south.

I'd offer 10% down and 6% interest on the rest.Get a private mortgage to protect the seller.

Thus the government wants to try to protect people from being taken advantage of.

Just did some research on this, and military.com says:First, for purposes of protection under the SCRA, the lease must be signed by the servicemember, or on behalf of the servicemember (by the use of a power of attorney.)

What about rolling in cable , if it's $60 add $100 to the rent (password protect - pay per view of course).Here's another angle I use for increasing rent, allow dogs.

Your 65K house may not be at market, but it's the cost of acquisition as well, so legally you're at 65K without drapes I guess.Nothing says you can't get a good deal.I'm totally aware of how all this works, how investors or dealers acquire a property and borrow more than what it's original purchase price was or at full value showing higher values based on repairs made or other comparable properties, how partnerships can be formed, how interests can be pledged and the justifications given, so I won't go down that long road either.I'd expect you to stick by your opinion, I've never known you to admit even being slightly off on your opinion since I've been here, that's not saying you're right, but I understand that when your business model is touched upon you are very protective of the basis of operations and that's fine.What I stated stands in court, gurus have been nailed over such claims.

Taking its place are four new forms, including two forms that enableparties to originate seller-financed transactions provided that the seller is able to qualify for one of two licensing exemptions created by the Consumer Financial Protection Bureau.

Marc, if we get a lender's policy, will that protection transfer to the note buyer?

It looks like we would be best served to form an LLC for the asset protection.

The assignable contract the wholesaler has with the seller offers protection.