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Jay HinrichsPoster
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Fractionlized Deeds of Trust or Mortgages
there has been a lot of discussion on this subject, I am funding a few fix and flips next week in Chicago I have put in an e mail to my attorney there to see if this is legal in IL. Like it is in CA..
Or if pooling money for a Mortgage needs to be done through a REg D filing anyone one of the 500 series.
Any one have first hand knowledge about this in IL.
And or the states they work in. I do deals in Memphis and my attorney there said they are permissible.
- Jay Hinrichs
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