Many hard money lenders get their funds by operating a pool of accredited investors.

I always thought I was the only one who did this.Today I was at a accreditation site visit for an institute of higher learning.

Shannon why dont you homeschool your daughter?

You're probably not dealing with "accredited investors" (a IRS term, google if for specific requirements) or even "sophisticated investors" (a less well defined term.)

I understand putting restrictions on the borrower (making it hard to solicit capital from non-accredited investors), but to limit investors from doing what they want just seems to go against some basic rights.

Partnerships, Accredited Investors, HMLs, so please chime in.

I knew it was comming, the CFPB is introducing regulations for anyone who is not an accredited investor (less than a Mil in net worth excluding personal assets) for anyone who owns more than three RE properties in any one year and require them to be licensened Realtors or otherwise regulated under a list of exemptions, none of which apply to small investors.

All of my investors are accredited, so maybe TK is more popular with non-accredited investors and vice-versa.

Much of that will depend heavily on the lifting of restrictions for the "real" crowd, aka the 115 million US households of non accredited investors, which should take effect in Q3/2014.I also compare it to mutual funds and discount brokerage for stocks, which became open to a wider array of investors, allowing all that capital to flow into the markets.

I am a big fan of financial freedom...I have a business in southern maine providing financial services and the more I have researched, real estate seems like a powerhouse for generating wealth.I became an accidental landlord a few years ago when I had a business that failed in Vermont and I needed to move to South Carolina for another business opportunity.I am 29 years old and and have 3 awesome kids that my wife and I homeschool.