Quote from @William Johnny: I’m 22 and have a 16k balance im tuition that i need to pay.

@William Coet The GPs are active and the LPs are passive.

Based on the amount he owes and the fact as William states, that he will be concerned about his record, this guy is a perfect candidate to take to small claims.

Read your PPM and operating agreement. you may want to understand that now as if fund 1 is doing a call, many are thinking subsequent funds willI am curious, someone mentioned at best ever conference that a large MF syndicator was talking about how they would continue to buy assets using variable rate loans - I am curious if it was this sponsor? 

I've had the pleasure of meeting Williams Nickerson, in person saw him speak and chatting with him. 

Quote from @William Gordon: Quote from @Michael Quarles: One thing we do as a human is speak at the pace of those we speak to or are raised by. 

William - to answer your question, as the lender (in this case called a transactional funder) I would charge points and a fee, that is the incentive - profit!

just a couple things:-you can house hack and not deal with tenants directly as @William Collins notes. you just hire a property manager. it will cost more, but that's the trade off.

Hey @Katie Williams just wanted to clarify a few things:We will take away a tenants ability to pay via ACH after 4 failed ACH payments.

The Real Estate Game by William Poorvu is one of my favorites.