Can I Legally do This?

[ Follow Ups ] [ Post Followup ] [ Cash Flow Forum ]

Posted by Greg on June 03, 2004 at 21:44:08:

I have an opportunity to make a short term 2nd position loan (nice home, plenty of equity behind the new proposed note; solid borrower, but I would be happy to take the property if it came to that) to the homeowner, with a nice yield. Question is, as a private party, one-time lender, are there any lending rules and regulations that I need to be aware of, like 3 day recission, truth in lending, or others??


Follow Ups:


Post a Followup

Name    : 
E-Mail  : 
Subject : 

Comments:

[ Follow Ups ] [ Post Followup ] [ Cash Flow Forum ]

WWWBoard 2.0a and WWWAdmin 2.0a © 1997, All Rights Reserved.
Matt Wright and DBasics Software Company