The "turf state" laws, which are practiced in seven other states, prohibit cooperation between Kentucky real estate brokers and out-of-state real estate brokers.

@Jose CintronThe rent to own business with Sellers or with tenant buyers take some talent and some knowledgeWholesaling is pretty straightforward as far as finding a motivated seller and finding a cash buyer and putting them togetherIf you're assigning lease options I highly recommend you get an RMLO to prequalify your tenant buyers as per the Dodd Frank and the safe actThis way most of your tenant Buyers will get mortgagesThere's also a component of credit improvement to help increase FICO scores if DTI is OKI know Massachusetts really well I grew up in Arlington@Mike Hurney@Shaun ReillyMike and Shaun are been around the block quite a few timesBeing licensed allows you to show houses and market house you do not own to tenant buyers in MassachusettsOnce  you get caught acting as a real estate agent, you get a fine and you get a record against the department of real estate in MassachusettsThen  it's difficult for you to get a licenseIf you want to buy on subject to or wrap mortgage without a license I think you're in the clear because you're acting as a principal and you're getting on titleIf you just get your license and act as a principal you're fine, and also disclose to the seller that you are licensed but acting as a principalIf you want to be hardheaded and do lease options without license, please don't complain when you can not do business in  Massachusetts or Rhode Island or Connecticut or New Hampshire or Vermont, New Englanders talk to each other

Not that i dont have one but there is a HUGE room for improvement on that.

I'm practicing how to analyze deals the proper way.

They may go about 10% below the value, but at this point the mortgage companies are pretty sophisticated in their short sale practices. 

Maybe a buy and hold.Wish I could help more but the foreclosure listings just keep getting more sparse in my area and I don't see anything improving in terms of finding potential properties any time soon.

It could be a good deal if you expect that kind of equity or future appreciation and it is a good and improving neighborhood.

I've read interpretation bulletins from the CRA, where they are taking an increasingly dour view on the practice and have deemed the practice as an instalment sale in some situations.

I hope to purchase a multifamily in Reading or Easton PA outright, improve it, and use the income to pay off my student loans more quickly.  

Account Closed, that sounds like that would have been the best practice for this guy.