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1 February 2025 | 4 replies
You Can Only Have 35 Non-Accredited InvestorsRule 506(b) allows an unlimited number of accredited investors but restricts you to only 35 non-accredited investors.However, there’s a catch:Non-accredited investors must be financially sophisticated.They must have enough experience to evaluate the investment risks.From the SEC:“Securities may not be sold to more than 35 non-accredited investors… [who] must meet the legal standard of having sufficient knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of the prospective investment.”If you’re planning to include non-accredited investors, make sure they qualify—or you could be violating SEC rules.3.
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4 February 2025 | 11 replies
we have to have pre sales my bank will only give me a certain amount of spec loans but unlimited amount of pre sales. its the only way to keep velocity when you have a larger project like us ( 90 homes) We have been blessed no questions about it.. we made some critical decisions when we started that now look like genius moves :)
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23 January 2025 | 2 replies
Obviously there are properties and investments that are exceptions but since we're discussing nearly unlimited budgets, my first look for a legacy estate would be begin in other areas.
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23 February 2025 | 107 replies
Naturally, Jerry has completely failed to disclose this.Third, as others have mentioned, there was no mention of any of the criteria he requires for the deals you find.Fourth, there is a place to ask questions on the webinar page, but of course none of the ones I ask (including the issues above) were actually answered.Fifth, they limited the window in which people would be "allowed" to buy their program to a whopping ten minutes, because that means that those are the "go-getters", and after all, since he doesn't have unlimited funds, of course he can only work with a few investors so it has to be those who are willing to bite so quickly.
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29 January 2025 | 31 replies
As a result, Lendbase was compensated by the lender we wouldn’t ever have to pay Lendbase anything except for an $8,000 upfront fee to process unlimited loans for us for three years.
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18 January 2025 | 7 replies
Many of the people that come are members of Lifestyles Unlimited so they sometimes talk about upcoming events for members only, but the meeting is open to everyone and they share some excellent information.
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22 January 2025 | 12 replies
If you and the property qualify, you can get unlimited amount of DSCR loans.
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19 February 2025 | 171 replies
It wasn’t a good deal and since the project production keeps moving to the right and there seems to be an unlimited number of properties available, one has to wonder what’s going on.
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15 January 2025 | 49 replies
BiggerPockets Pro members will have access to all Stessa core functionality and advanced features, like unlimited portfolios and SREO, all at no additional cost.
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30 January 2025 | 19 replies
The downside to having almost unlimited options is narrowing your focus.