All Forum Posts by: Ric King

Coming into a decent amount of starting capital $500k. I'm looking for some one to bounce questions off of and maybe shoot some ideas by. 

I'm looking into flipping houses and would like a Pro who also flips house.

What would you get out of this? Maybe a fine bottle of whiskey or wine and knowing you're helping change some one's life. 

Thanks

I do appreciate all the comments this is not some Ponzi scheme or ripping off old ladies it's just me trying to take advantage of what I would call a great investment opportunity for me and my family.

This investment has nothing to do with stock market. We will say more like a DPP investment raising capital from acredited investors. Im familiar with the laws that involve the stock market. I broke the PDT rule 1 time so I familiar with that, but not with what I'm looking at investing in.

As an equity Trader I understand why the SEC makes these rules. And I know the qualifications for for them. I know I'm not the only one who's ever thought about this. As someone who loves to short futures I am very aware of risk. I feel like no one's answered my question, so  I put my money in company XYZ and the sec gets wind of it what happens? will I be able to sell my share at fair market value or is the contract null and void and I get my original investment back? Or I'm out 100k? I know I'm not the only one who has thought about this if someone has any experience in any of this and would like to send me a private message instead I'm open to that or if they would like to post that's ok too.

@Brian Adams so let's say I saved $100k so I'm still not qualified for some Investments because I'm not worth a million dollars or make 300 K year but Joe the doctor gets to gets to make these Investments because of his income ? I think everyone should be qualified for the same Investments and a company with these Investments be able to decide

What are the legal repercussions if you lie about being a accredited investor? And what kind of trouble can the issuer get into? What kind of forms do you get from the issuer or is it just on good faith?  I am not a accredited investor but I do plan on making this investment that requires me to be so any information on this would be greatly appreciated. 

Thanks

Ric