Fractionlized Deeds of Trust or Mortgages

[Jay Hinrichs]

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.