By promising lucrative returns on real estate investments, they enticed individuals to pour their hard-earned money into their fraudulent operation.

Have a legal advisor or counsel review your documents before signing.These will make your ultimate exit strategy, post Hard Money financing period, much easier when: - preparing & submitting paperwork for individual tax returns - maintaining the note in good stating with consistent payments & digital payment history paper trail - digital and/or easy access to documentation - preparing for a Re-Fi, Conventional financing, payoff, or even Flip/Sale & deed/title reconveyance to remove the Hard Money Lein holider at the end of the note's term

(and we do a soft credit pull, so no more damage to that score :) )  

@Spencer Cuello are you looking to invest with a group into a syndication or as an individual investor as the managing member of an LLC?

This will vary depending on the individual investors personal situation, strategy and resources.

Some counties and states do not publish criminal information so you have to go to every county to search.If there are any red flags, I will conduct a Google search of the individual's name and the city/state they've lived in according to their application and their credit report.

The rental thing is fairly new to me, and I haven't understood the bookkeeping aspect of individuals who own multiple properties.

I have seen inspections charged at $300, $500, $675 and it really depends on the individual's thorough approach and attention to detail, not his price.

I have been reading up on all the requirements and plan on being super cautious in investments while avoiding self dealing and working with disqualified individuals.

Tom, were you ever able to find a company or individual that purchases remainderman interest?