Besides the fact that they're two different metrics, don't they basically serve the same purpose, to establish a threshold to be met before a promote incentive can kick in?

Under the Howey Test, a transaction is an investment contract if:It is an investment of moneyThere is an expectation of profits from the investmentThe investment of money is in a common enterpriseAny profit comes from the efforts of a promoter or third party

This could be real estate experience obviously, military experience, job promotions, charitable organizations, etc. 

Wait, are you suggesting there are unintended (or maybe intended but not promoted) consequences of government action?

This will promote growth organically.

Low down payment loans are to promote home ownership and less risky since a homeowner won’t walk away from a house as readily as an investor. 

No need to wait 2 years, that is a limiting belief.2.

This entire discussion is really walking the line of self promotion, which is not allowed on BP.

However, I am getting hit with some limiting beliefs that are preventing me from even having these conversations.I’m hoping those who have raised private money before would be willing to share their first experiences.

While I am still looking to network with Real Estate Agents, Wholesalers, and other Investors, my belief is that communication will be easier with these individuals as we can schedule meetings, exchange email, and text.