I rather be collecting the dumb money during the next correction than being a part of that distribution pool.

Please do not take properties from other wholesalers, mark up their prices, and distribute to your book of investors without having it under contract yourself.

Paying this preferred rate to the investors takes #1 priority when distributing the cash flow from the deal.

Nothing impressive to buy at the moment.I am aware that NPN are mostly traded in bulk tapes between banks and accredited investors. any referral sources who JV with banks/accredited investors on large NPN purchase deals and willing to distribute couple of notes to individual investor like me?

@George Blower, @Brian EastmanCould a person do a sort of reverse distribution? 

., in general it's fine to contribute property into and distribute property out of an entity after a 1031 exchange is complete providing the transfer does not trigger a gain recognition.In your case it might be even simpler. 

This is an expansion of a product already available and the expansion is designed to compete with other lenders who have the same product ALREADY in place in those areas. also as @Bill F. mentioned the GFC wasn't because subprime as much because a supercharged derivative market that attached itself to it. anything can be a doomsday predictor if you want it to be, which this forum loves to do 2-3 times a week#theskyisnotfalling

. :)The deal with the 100 mile rule is only applicable if deriving rental income from the departing residence is needed to make the numbers work.VA - will count departing residence rental income once you've got landlord experience.FHA - will count departing residence rental income in very rare circumstances that aren't applicable to most people. 

If it is regarded you'll want to get your accountant's blessing on distributing it from the LLC into your name.

I have a PM distributing their marketing materials, but can’t find enough feedback online to feel comfortable using them.