Real Estate Investing Forums

Real Estate Investing => Bird Dogs, Wholesaling => Topic started by: mcrump on May 13, 2004, 02:20:19 pm

Title: Does this make Flipping illegal?
Post by: mcrump on May 13, 2004, 02:20:19 pm
This is an artical that makes certain flips illegal?

http://www.dfwrein.com/education/articles/7/

Would this make assigning a contract that I over to an invest illegal?  What sort of impact does this legislation have on birddogging/flipping?

Thanks!
Mike
Title: Re:Does this make Flipping illegal?
Post by: $Cash$ on May 13, 2004, 03:15:12 pm
Mike,

This article has to do with "predatory lending" fraud, are you planning on financing the properties you bird dog of flip?  If not then you will be just fine.

Bird Dogging or Flipping as we do it as creative real estate investors is not illegal.

John $Cash$ Locke