When you say the word "flip" or "double closing", even some experienced real estate professionals immediately think of illegal activity even though there are excellent flippers that work in every community transforming blighted properties, making neighborhoods better and increasing the tax base for local government.

And therein lies the basis for the income discrimination toward sources of income and government assistance.Look to the amounts of assistance, it is treated as income.

I'd perhaps look into a Portfolio lender (one who lends out their own money rather than just the government money.)

Kevin,Make sure that you are aware of SEC regulations on a general solicitation.

I think the first to fall will be larger operators, the regulators like to make examples out of violators.

Probably because states have laws about regulating who can negotiate with people in foreclosure, many have been cheated by investor types and if not cheated, have received bad advice.

Bill Gulley Afjal Wahidi Al Williamson Wouldn't using crowd funding in real estate be similar to syndications and covered by the same regulations etc.?

Good luck.Just remember if you get your re license there are laws that govern you on what you can and can not due so don't mix up your investing with your license if you get it.

"THE CONSUMER FINANCIAL PROTECTION BUREAU HAS PUBLISHED THE FINAL REGULATIONS ON THE DODD-FRANK LEGISLATION AND IT WILL AFFECT THE WAY REAL ESTATE INVESTORS WILL DO THEIR BUSINESS ONCE THEY KICK IN."

I would think there are zoning issues, with what you want to do so you probably want to check with the local government and request a zoning hearing to change the use.