What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

Looking for the next one as I type.

There's a lot for nuances to the strategy than what I typed out, but this should help you get started.

Many of which are savvy BP type clients who are doing updates/raising rents and then the buildings do cashflow positive even with lower down payments which produce amazing returns (at 3.5-5% down you get close to a 50%+ return a year just off mortgage paydown). 

What made you interested in investing in this type of deal?

None of those types of loans allow LLCs, therefore, that lawyer is incorrect.

Investment is just one piece of the puzzle, actually knowing how to handle the cash flows and structure asset types can be just as important.I am glad you are recommending Momentum because I was trying to decide whether or not to sign up.

And in regards to getting educated on the the laws, I assume the best route is to link of with an attorney who has experience with these types of transactions?

It seems he's a Bernie Madoff type.