I think one of the most relevant parts for BP members is Title XIV – Mortgage Reform and Anti-Predatory Lending Act which deals with Residential Mortgage Loan Organization Standards, Minimum Standards for Mortgages, High-Cost Mortgages, Mortgage Servicing, Appraisal Activities, Mortgage Resolution & Modification as well as a couple other items.

Rossi is the anti-guru Guru.

But, I do not want to fall into a scam trap.Thoughts???

So anti-primary includes restricts mobility due to mortgage which may cause missed opportunities, your home is unlikely to be as good buy n hold investment rental as a property purchased for that purpose.  

There is no such thing as a "standard percentage" to have such, would violate Sherman Anti-Trust Laws.

I am looking at levering my self directed IRA with this, but if there is an up front fee that doesn't tie to something tangible its a scam. 

So any scam they are running or a valid lease that is not arms length will be most likely invalidated and thrown out by a judge.

Duncan Wierman did a great write-up as to why, but I took a look at the pre-launch stuff and could tell right away this "product" would offer nothing new/be re-hashed junk.http://duncanwierman.wordpress.com/2011/04/23/personal-review-of-zack-childress-launch-review-scam/Yep, add to it him charging $25K for coaching and forget it...almost sounds like Karen Hanover re-dux.

You can and should report all of these as scams.

G’Day BP folks,
A fellow Toledo investor started a Facebook group revealing all local scammers.
Mostly contractors.
10+ years of investing in Toledo and stopped counting at $1m in losses.
It’s just the nature of t...