It essentially just asks for a "person" to be exempt from license and QM rules if they sell their own property with financing.  

Hi all,My name is Mark Anthon.This will be my first taste of real estate buying and holding.I'm currently looking at a 3 bedroom 1.5 bath townhouse condo:Beds3 BedHouse Size1,246 Sq FtPrice $149,900Condo/townhouseBaths1 Full, 1 Half BathPrice/sqft $120Year Built1977 6 roomsFireplace2 parking spaceit comes with private trash pickup, pool, and basketball courtsAverage listing price for similar homes $229,794 Average sale price for similar homes $147,173 if i'm following the 2% rule, I can roughly get out a $2.9K (or a little lower) rent out of this. 

Here you go, understand what the requirements are and you should not have a problem finding a title company and settlement agent, so long as you follow the rules. :)http://www.alta.org/images/pdf/09-05-15_uniformgen...

I agree they will fight this, but if the courts rule it unconstitutional what can they do? 

On a 1M deal, it's important and are you aware of the equity rules for the determination of a sale?

As a general rule of thumb if the collection is more than three years old, it will actually hurt you to pay it. but sometimes it is needed to avoid a judgment (which will really hurt your scores).

I always try to go by the golden rule, it has worked well for me :)

I think that the improvements would bring the gross rent to over the 110000 at full occupancy and then this would fulfill the 2% rule.

Need attorney specialized on SEC rules applied to real estate private lending and  commercial broker mortgage. 

Are there rules surrounding the down payment.