The ten legal commandments of real estate investment

The Ten Legal Commandments of Real Estate Investment Jeffrey C. O’Brien Attorney Mansfield Tanick & Cohen, P.A.

#10 – “Thou Shalt Not Own Property in Thou’s Own Name” ,[object Object],[object Object],[object Object],[object Object]

#9 – “Thou Shalt Not Make Usurious Loans” ,[object Object],[object Object]

#8 – “Thou Shalt Not Make Mortgage Loans Without Proper License” ,[object Object]

#7 – “If Thou Are Not So Licensed, Thou Shalt Not Make Mortgage Loans Without Proper Exemption” ,[object Object],[object Object]

#6 - Thou Shalt Not Make “Sham” Mortgage Loans to Redeem Property in Foreclosure ,[object Object]

#5 - (When Applicable) Honor the FHA Seasoning Requirement ,[object Object],[object Object],[object Object],[object Object]

#4 - When Using Self-Directed Retirement Funds, Thou Shalt Not Engage in Prohibited Acts ,[object Object],[object Object],[object Object],[object Object]

#3 - Thou Shalt Not Convert a House in Minneapolis to Rental Property…Without Paying…Big Time ,[object Object]

#2 - Thou Shalt Not Obtain a Certificate of Title for Torrens Property Without a Proceeding Subsequent to Initial Registration ,[object Object],[object Object],[object Object],[object Object]

#1 - Thou Shalt ALWAYS Hire a Good Real Estate Attorney Jeffrey C. O’Brien* Mansfield Tanick & Cohen, P.A. 1700 US Bank Plaza South 220 S. 6 th St. Minneapolis, MN 55402 [email_address] * - MN State Bar Association Real Property Specialist

The ten legal commandments of real estate investment

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