Additionally, last week I received this email from them as well...seems like a rob Peter to pay Paul scenario...none of which sounds good...Secured Note | 17% Interest | 12 Month TermMy partners and I are raising $5 million of short-term expansion capital for the Money Is Mastermind, our exciting and profitable growing business.We have roughly 1,900 paying members with a current valuation of $43 million.

While this can be appealing for short-term liquidity without immediate monthly payments, it often comes at the cost of significant equity upon sale.

As of today, May 19, 2024, he is advertising a single family house for sale in Rosedale (Queens), NY for $250k, while stating that it will be a short sale once a prospective buyer makes and offer that's accepted by the seller after providing proof of funds. 

Quote from @Shane Haas: Looking at purchasing a foreclosure cash (with help from parents), and then financing the home shortly after renovations are made. 3 questions: Are their issues with them giving me funds to assist with purchase?  

In short, most likely yes but it depends on your entire tax picture.

Since this will be a lengthy process I will attwmpt to fill these units up with short term office tenants, or anyone that is looking for storage space. 

These expenses can create a paper loss, which may offset other passive income or carry forward to future years.If you qualify for Real Estate Professional Status (REPS) or actively manage a Short-Term Rental (STR), the losses can be applied against your active W-2 or business income, reducing your overall tax liability.

You can find fantastic properties that fit various investment strategies, whether it’s securing a multifamily property that offers attractive cash flow or opting for areas with significant appreciation potential.

What is working right now for those who attend, what resources may we share, and how can we attract others who will contribute.

Saw Ohio was on your short list.