My original post referred to a 32% marginal rate.

Which as newbie to real estate investing and to Bigger Pockets just referred to them as In-Law suites.

I realize there are many other things the investor needs to know regarding SEC rules, investment plans etc. but i am specifically referring to how they get their money back. taking the same example above, if the pref was 8%, and the loaned amount was 100k and the purchase price was also 100k. how would the general partner get paid?

But they become defensive over their narrative to preserve their image which in turn helps them scam the unsuspecting.Like Joseph and Potipher's wife from the Bible, Run for your life!!

Hello I dont know how to do all the rennovations I see my brothier doing at his rental project, I just feel like at a base leval I dont know anything no matter the history and work, how am I going to buy my first deal when I dont know ****  pleas help me dial it out of this hell  refering to the rehab skills mainlyhow to deduct all deffered maintances and otherwise I make 1k a mouth but what happens when a major rennovation takes place

This is commonly referred to as rental arbitrage.

@Rick Pozos when you say 50/50 are you referring to flips?

Well Tom what article or clause of the constitution references "assigning any contract."

I keep that one sheet attached to most communication I have with borrowers so they will always have it and I can refer them back to it as necessary.

They had a low credit score but beyond that, they were a solid applicant based on their application and references.