[socrattt]

[quote=SK in CV]

I’m in the business of business, and have been for more than 30 years. As related to real estate, I’ve been a buyer, a broker, a builder, a developer, a manager, a lender, and a consultant to others doing all those things. Some of them aren’t simple. And if this bill passes, lending may be a bit more complicated for some.

A couple points on your comment. When you are “looking for createive ways to move land that [you] aren’t utilizing for projects”, then you aren’t in the business of an alternative energy developer anymore. You’re doing something else. That “something else” may require that you gain or hire expertise that isn’t required as part of your “alternative energy developer” business.

You made my point precisely. You want to be in the lending business, but you don’t want to follow the rules that licensed lenders must follow. There are alternatives. Sell using traditional financing. Or acquire the expertise needed to do business as a lender. I’m quite sure the RE brokers here wouldn’t be real sympathetic to you acting as both principle and broker in your deals without the required licensing. Why should lending be any different?

And your last sentence….the “socialist society”. Sure has become a popular tag line, but as is often the case, it has no relevance. It’s just a dirty word to throw at an idea you don’t like. I’m much more of a libertarian capitalist than a socialist. But I have my limits. Too much free market without oversight created much of the economic problems we face. Regulation is not synonymous with socialism. In a complex economy, it is a cost of doing business.[/quote]

I personally don’t think you see the big picture. Let’s focus on my joint venture projects that “I am utilizing the land”. Should I honestly apply for a license in all 50 states, just in case I work on a project with a number of different companies that are tied to corps in different states? SK, feel free to admit that some portions of this bill don’t make sense at all. How would we be referred to as a predatory lender?

If you really want to get technical then sure we are lenders, but in terms of what we do it has nothing to do with the lending world. We are simply using creative ways to help grow and expand our business. That is the key problem here, we are destroying creative thinking. There still has to be room for money to be made and controlling everything (not just regulating), as the current administration is doing, just doesn’t work.

Your mention of socialism as a tag line is a joke. How can you say that? Do you have a lack of understanding of how much support our government is giving to the very people that destroyed our economic system, i.e. banks, etc… Don’t tell me that socialism is a tag line because it’s real and it’s rampant!! Wake up SK, you might need to step out of the CV bubble your are in!!!

[socrattt]

[quote=SK in CV]

I’m in the business of business, and have been for more than 30 years. As related to real estate, I’ve been a buyer, a broker, a builder, a developer, a manager, a lender, and a consultant to others doing all those things. Some of them aren’t simple. And if this bill passes, lending may be a bit more complicated for some.

A couple points on your comment. When you are “looking for createive ways to move land that [you] aren’t utilizing for projects”, then you aren’t in the business of an alternative energy developer anymore. You’re doing something else. That “something else” may require that you gain or hire expertise that isn’t required as part of your “alternative energy developer” business.

You made my point precisely. You want to be in the lending business, but you don’t want to follow the rules that licensed lenders must follow. There are alternatives. Sell using traditional financing. Or acquire the expertise needed to do business as a lender. I’m quite sure the RE brokers here wouldn’t be real sympathetic to you acting as both principle and broker in your deals without the required licensing. Why should lending be any different?

And your last sentence….the “socialist society”. Sure has become a popular tag line, but as is often the case, it has no relevance. It’s just a dirty word to throw at an idea you don’t like. I’m much more of a libertarian capitalist than a socialist. But I have my limits. Too much free market without oversight created much of the economic problems we face. Regulation is not synonymous with socialism. In a complex economy, it is a cost of doing business.[/quote]

I personally don’t think you see the big picture. Let’s focus on my joint venture projects that “I am utilizing the land”. Should I honestly apply for a license in all 50 states, just in case I work on a project with a number of different companies that are tied to corps in different states? SK, feel free to admit that some portions of this bill don’t make sense at all. How would we be referred to as a predatory lender?

If you really want to get technical then sure we are lenders, but in terms of what we do it has nothing to do with the lending world. We are simply using creative ways to help grow and expand our business. That is the key problem here, we are destroying creative thinking. There still has to be room for money to be made and controlling everything (not just regulating), as the current administration is doing, just doesn’t work.

Your mention of socialism as a tag line is a joke. How can you say that? Do you have a lack of understanding of how much support our government is giving to the very people that destroyed our economic system, i.e. banks, etc… Don’t tell me that socialism is a tag line because it’s real and it’s rampant!! Wake up SK, you might need to step out of the CV bubble your are in!!!

[socrattt]

[quote=SK in CV]

I’m in the business of business, and have been for more than 30 years. As related to real estate, I’ve been a buyer, a broker, a builder, a developer, a manager, a lender, and a consultant to others doing all those things. Some of them aren’t simple. And if this bill passes, lending may be a bit more complicated for some.

A couple points on your comment. When you are “looking for createive ways to move land that [you] aren’t utilizing for projects”, then you aren’t in the business of an alternative energy developer anymore. You’re doing something else. That “something else” may require that you gain or hire expertise that isn’t required as part of your “alternative energy developer” business.

You made my point precisely. You want to be in the lending business, but you don’t want to follow the rules that licensed lenders must follow. There are alternatives. Sell using traditional financing. Or acquire the expertise needed to do business as a lender. I’m quite sure the RE brokers here wouldn’t be real sympathetic to you acting as both principle and broker in your deals without the required licensing. Why should lending be any different?

And your last sentence….the “socialist society”. Sure has become a popular tag line, but as is often the case, it has no relevance. It’s just a dirty word to throw at an idea you don’t like. I’m much more of a libertarian capitalist than a socialist. But I have my limits. Too much free market without oversight created much of the economic problems we face. Regulation is not synonymous with socialism. In a complex economy, it is a cost of doing business.[/quote]

I personally don’t think you see the big picture. Let’s focus on my joint venture projects that “I am utilizing the land”. Should I honestly apply for a license in all 50 states, just in case I work on a project with a number of different companies that are tied to corps in different states? SK, feel free to admit that some portions of this bill don’t make sense at all. How would we be referred to as a predatory lender?

If you really want to get technical then sure we are lenders, but in terms of what we do it has nothing to do with the lending world. We are simply using creative ways to help grow and expand our business. That is the key problem here, we are destroying creative thinking. There still has to be room for money to be made and controlling everything (not just regulating), as the current administration is doing, just doesn’t work.

Your mention of socialism as a tag line is a joke. How can you say that? Do you have a lack of understanding of how much support our government is giving to the very people that destroyed our economic system, i.e. banks, etc… Don’t tell me that socialism is a tag line because it’s real and it’s rampant!! Wake up SK, you might need to step out of the CV bubble your are in!!!

[socrattt]

[quote=SK in CV]

I’m in the business of business, and have been for more than 30 years. As related to real estate, I’ve been a buyer, a broker, a builder, a developer, a manager, a lender, and a consultant to others doing all those things. Some of them aren’t simple. And if this bill passes, lending may be a bit more complicated for some.

A couple points on your comment. When you are “looking for createive ways to move land that [you] aren’t utilizing for projects”, then you aren’t in the business of an alternative energy developer anymore. You’re doing something else. That “something else” may require that you gain or hire expertise that isn’t required as part of your “alternative energy developer” business.

You made my point precisely. You want to be in the lending business, but you don’t want to follow the rules that licensed lenders must follow. There are alternatives. Sell using traditional financing. Or acquire the expertise needed to do business as a lender. I’m quite sure the RE brokers here wouldn’t be real sympathetic to you acting as both principle and broker in your deals without the required licensing. Why should lending be any different?

And your last sentence….the “socialist society”. Sure has become a popular tag line, but as is often the case, it has no relevance. It’s just a dirty word to throw at an idea you don’t like. I’m much more of a libertarian capitalist than a socialist. But I have my limits. Too much free market without oversight created much of the economic problems we face. Regulation is not synonymous with socialism. In a complex economy, it is a cost of doing business.[/quote]

I personally don’t think you see the big picture. Let’s focus on my joint venture projects that “I am utilizing the land”. Should I honestly apply for a license in all 50 states, just in case I work on a project with a number of different companies that are tied to corps in different states? SK, feel free to admit that some portions of this bill don’t make sense at all. How would we be referred to as a predatory lender?

If you really want to get technical then sure we are lenders, but in terms of what we do it has nothing to do with the lending world. We are simply using creative ways to help grow and expand our business. That is the key problem here, we are destroying creative thinking. There still has to be room for money to be made and controlling everything (not just regulating), as the current administration is doing, just doesn’t work.

Your mention of socialism as a tag line is a joke. How can you say that? Do you have a lack of understanding of how much support our government is giving to the very people that destroyed our economic system, i.e. banks, etc… Don’t tell me that socialism is a tag line because it’s real and it’s rampant!! Wake up SK, you might need to step out of the CV bubble your are in!!!

[socrattt]

[quote=SK in CV]

I’m in the business of business, and have been for more than 30 years. As related to real estate, I’ve been a buyer, a broker, a builder, a developer, a manager, a lender, and a consultant to others doing all those things. Some of them aren’t simple. And if this bill passes, lending may be a bit more complicated for some.

A couple points on your comment. When you are “looking for createive ways to move land that [you] aren’t utilizing for projects”, then you aren’t in the business of an alternative energy developer anymore. You’re doing something else. That “something else” may require that you gain or hire expertise that isn’t required as part of your “alternative energy developer” business.

You made my point precisely. You want to be in the lending business, but you don’t want to follow the rules that licensed lenders must follow. There are alternatives. Sell using traditional financing. Or acquire the expertise needed to do business as a lender. I’m quite sure the RE brokers here wouldn’t be real sympathetic to you acting as both principle and broker in your deals without the required licensing. Why should lending be any different?

And your last sentence….the “socialist society”. Sure has become a popular tag line, but as is often the case, it has no relevance. It’s just a dirty word to throw at an idea you don’t like. I’m much more of a libertarian capitalist than a socialist. But I have my limits. Too much free market without oversight created much of the economic problems we face. Regulation is not synonymous with socialism. In a complex economy, it is a cost of doing business.[/quote]

I personally don’t think you see the big picture. Let’s focus on my joint venture projects that “I am utilizing the land”. Should I honestly apply for a license in all 50 states, just in case I work on a project with a number of different companies that are tied to corps in different states? SK, feel free to admit that some portions of this bill don’t make sense at all. How would we be referred to as a predatory lender?

If you really want to get technical then sure we are lenders, but in terms of what we do it has nothing to do with the lending world. We are simply using creative ways to help grow and expand our business. That is the key problem here, we are destroying creative thinking. There still has to be room for money to be made and controlling everything (not just regulating), as the current administration is doing, just doesn’t work.

Your mention of socialism as a tag line is a joke. How can you say that? Do you have a lack of understanding of how much support our government is giving to the very people that destroyed our economic system, i.e. banks, etc… Don’t tell me that socialism is a tag line because it’s real and it’s rampant!! Wake up SK, you might need to step out of the CV bubble your are in!!!

[socrattt]

[quote=SK in CV]Your explanation of the bill is misleading.

You will NOT be able to sell more than 1 property with owner financing every 3 years!

Uh…yes, you will. But you’ll have to be a licensed lender and follow all the rules that other licensed lenders follow.

It would be extraordinary circumstances for someone who is not in the business of lending to provide seller financing more than once every 3 years. If you are a house trader or a land trader and provide financing more than once in three years, you ARE in the business of lending money. Get your license, just like every other lender, and there is nothing in this bill that prohibits you from going about your business. If the licensing requirement is too much of a hassle, or following the rules that other lenders will follow in the normal course of business is too much of a hassle, then don’t go into the lending business.[/quote]

SK, it’s people like you confuse me! I am not lender I am alternative energy developer looking for creative ways to move land that we aren’t utilizing for projects and also financing on some of the projects that are joint ventured. You make it sound as if I can just walk right into an office and hand in my application. Sorry SK, it doesn’t work that way. Maybe you want to read some rules and see how difficult it actually is to become a lender (because we have) and then see much harder they are making it now.

I don’t know what line of business you are in, but by your pathetic response to the bill I would have to assume you are clueless about the business world. I try to create jobs and every piece of legislation that our government has put together this year seems to throw in some fine print that is destroying the entrepreneurship of the US!!! Think before you write unless you are completely happy with us turning into a socialistic society!!

[socrattt]

[quote=SK in CV]Your explanation of the bill is misleading.

You will NOT be able to sell more than 1 property with owner financing every 3 years!

Uh…yes, you will. But you’ll have to be a licensed lender and follow all the rules that other licensed lenders follow.

It would be extraordinary circumstances for someone who is not in the business of lending to provide seller financing more than once every 3 years. If you are a house trader or a land trader and provide financing more than once in three years, you ARE in the business of lending money. Get your license, just like every other lender, and there is nothing in this bill that prohibits you from going about your business. If the licensing requirement is too much of a hassle, or following the rules that other lenders will follow in the normal course of business is too much of a hassle, then don’t go into the lending business.[/quote]

SK, it’s people like you confuse me! I am not lender I am alternative energy developer looking for creative ways to move land that we aren’t utilizing for projects and also financing on some of the projects that are joint ventured. You make it sound as if I can just walk right into an office and hand in my application. Sorry SK, it doesn’t work that way. Maybe you want to read some rules and see how difficult it actually is to become a lender (because we have) and then see much harder they are making it now.

I don’t know what line of business you are in, but by your pathetic response to the bill I would have to assume you are clueless about the business world. I try to create jobs and every piece of legislation that our government has put together this year seems to throw in some fine print that is destroying the entrepreneurship of the US!!! Think before you write unless you are completely happy with us turning into a socialistic society!!

[socrattt]

[quote=SK in CV]Your explanation of the bill is misleading.

You will NOT be able to sell more than 1 property with owner financing every 3 years!

Uh…yes, you will. But you’ll have to be a licensed lender and follow all the rules that other licensed lenders follow.

It would be extraordinary circumstances for someone who is not in the business of lending to provide seller financing more than once every 3 years. If you are a house trader or a land trader and provide financing more than once in three years, you ARE in the business of lending money. Get your license, just like every other lender, and there is nothing in this bill that prohibits you from going about your business. If the licensing requirement is too much of a hassle, or following the rules that other lenders will follow in the normal course of business is too much of a hassle, then don’t go into the lending business.[/quote]

SK, it’s people like you confuse me! I am not lender I am alternative energy developer looking for creative ways to move land that we aren’t utilizing for projects and also financing on some of the projects that are joint ventured. You make it sound as if I can just walk right into an office and hand in my application. Sorry SK, it doesn’t work that way. Maybe you want to read some rules and see how difficult it actually is to become a lender (because we have) and then see much harder they are making it now.

I don’t know what line of business you are in, but by your pathetic response to the bill I would have to assume you are clueless about the business world. I try to create jobs and every piece of legislation that our government has put together this year seems to throw in some fine print that is destroying the entrepreneurship of the US!!! Think before you write unless you are completely happy with us turning into a socialistic society!!

[socrattt]

[quote=SK in CV]Your explanation of the bill is misleading.

You will NOT be able to sell more than 1 property with owner financing every 3 years!

Uh…yes, you will. But you’ll have to be a licensed lender and follow all the rules that other licensed lenders follow.

It would be extraordinary circumstances for someone who is not in the business of lending to provide seller financing more than once every 3 years. If you are a house trader or a land trader and provide financing more than once in three years, you ARE in the business of lending money. Get your license, just like every other lender, and there is nothing in this bill that prohibits you from going about your business. If the licensing requirement is too much of a hassle, or following the rules that other lenders will follow in the normal course of business is too much of a hassle, then don’t go into the lending business.[/quote]

SK, it’s people like you confuse me! I am not lender I am alternative energy developer looking for creative ways to move land that we aren’t utilizing for projects and also financing on some of the projects that are joint ventured. You make it sound as if I can just walk right into an office and hand in my application. Sorry SK, it doesn’t work that way. Maybe you want to read some rules and see how difficult it actually is to become a lender (because we have) and then see much harder they are making it now.

I don’t know what line of business you are in, but by your pathetic response to the bill I would have to assume you are clueless about the business world. I try to create jobs and every piece of legislation that our government has put together this year seems to throw in some fine print that is destroying the entrepreneurship of the US!!! Think before you write unless you are completely happy with us turning into a socialistic society!!

[socrattt]

[quote=SK in CV]Your explanation of the bill is misleading.

You will NOT be able to sell more than 1 property with owner financing every 3 years!

Uh…yes, you will. But you’ll have to be a licensed lender and follow all the rules that other licensed lenders follow.

It would be extraordinary circumstances for someone who is not in the business of lending to provide seller financing more than once every 3 years. If you are a house trader or a land trader and provide financing more than once in three years, you ARE in the business of lending money. Get your license, just like every other lender, and there is nothing in this bill that prohibits you from going about your business. If the licensing requirement is too much of a hassle, or following the rules that other lenders will follow in the normal course of business is too much of a hassle, then don’t go into the lending business.[/quote]

SK, it’s people like you confuse me! I am not lender I am alternative energy developer looking for creative ways to move land that we aren’t utilizing for projects and also financing on some of the projects that are joint ventured. You make it sound as if I can just walk right into an office and hand in my application. Sorry SK, it doesn’t work that way. Maybe you want to read some rules and see how difficult it actually is to become a lender (because we have) and then see much harder they are making it now.

I don’t know what line of business you are in, but by your pathetic response to the bill I would have to assume you are clueless about the business world. I try to create jobs and every piece of legislation that our government has put together this year seems to throw in some fine print that is destroying the entrepreneurship of the US!!! Think before you write unless you are completely happy with us turning into a socialistic society!!

[socrattt]

I smell a real revolution in America and I think it’s closer than it looks. Fortunately for our government we have created some of the dumbest and laziest people in the world. These number of imbeciles make up a good portion of our citizens, so maybe they have a bit of breathing room. The smart people like you and the rest of Piggs who understand how these laws will all but destroy business in America will eventually come out of the woodworks and demand that these policies be reversed. I will tell you one thing, I am getting more frustrated by the day and if this law passes I will make my voice known.

[socrattt]

I smell a real revolution in America and I think it’s closer than it looks. Fortunately for our government we have created some of the dumbest and laziest people in the world. These number of imbeciles make up a good portion of our citizens, so maybe they have a bit of breathing room. The smart people like you and the rest of Piggs who understand how these laws will all but destroy business in America will eventually come out of the woodworks and demand that these policies be reversed. I will tell you one thing, I am getting more frustrated by the day and if this law passes I will make my voice known.

[socrattt]

I smell a real revolution in America and I think it’s closer than it looks. Fortunately for our government we have created some of the dumbest and laziest people in the world. These number of imbeciles make up a good portion of our citizens, so maybe they have a bit of breathing room. The smart people like you and the rest of Piggs who understand how these laws will all but destroy business in America will eventually come out of the woodworks and demand that these policies be reversed. I will tell you one thing, I am getting more frustrated by the day and if this law passes I will make my voice known.

[socrattt]

I smell a real revolution in America and I think it’s closer than it looks. Fortunately for our government we have created some of the dumbest and laziest people in the world. These number of imbeciles make up a good portion of our citizens, so maybe they have a bit of breathing room. The smart people like you and the rest of Piggs who understand how these laws will all but destroy business in America will eventually come out of the woodworks and demand that these policies be reversed. I will tell you one thing, I am getting more frustrated by the day and if this law passes I will make my voice known.

[socrattt]

I smell a real revolution in America and I think it’s closer than it looks. Fortunately for our government we have created some of the dumbest and laziest people in the world. These number of imbeciles make up a good portion of our citizens, so maybe they have a bit of breathing room. The smart people like you and the rest of Piggs who understand how these laws will all but destroy business in America will eventually come out of the woodworks and demand that these policies be reversed. I will tell you one thing, I am getting more frustrated by the day and if this law passes I will make my voice known.

[Author]

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