Can anyone give a little clarity.

Josh:If I may add some clarity as well.  

I am searching for someone who may be able to provide some clarity for me regarding financing.From what I have been reading FHA loans are only available for up to 4 unit properties.Conversely however, I have seen several members post about commercial FHA or HUD loans as an alternative.Currently prospecting a 7 unit building with a commercial ground floor. 

I would ask for clarity on the offense, then explain to them that you are an out of town owner and ask for an extension to rectify the issue.

Alternatively, there are some RIA’s who will take a smaller up front fee (or no fee at all) and instead take an AUM fee of .05 - 1% of the deal every year, taken out of monthly income, for the life of the DST (typically 5-7 years).I always run the scenario a couple different ways - including paying the tax and getting out of the 1031 cycle - and let the math create clarity in the decision making process.

For clarity for those questioning the numbers...

"Hi Stephanie, I wanted to make a point of clarity. 

Have a sit down with a local broker and or a Real estate attorney they should give you all the clarity you are looking for.

I apologize for the lack of clarity.

I haven't been able to get a truly straight answer to this question, so I'm posting this in the forum to see if anyone has clarity on this topic...If several investors (define several as 6 or less) want to go in together and buy a property for long term investment, do they need to file Reg D paperwork, or can they simply own units in the LCC?