This is my first go at investing in real estate, let alone development, and it seems to be everything from exciting to nerve wrecking.I recently purchased a small lot in texas and would like to develop a small 4 unit apartment building. (2488 SF)Cost of lot: 9K, of which I put down 3K, seller carried the rest with 2yrs no interest.Currently the lot is zoned residential, so I am at the moment trying to get it rezoned.

While in Chicago my partners and I did some flips but that went away after I moved 50 miles away.I have been working as a title examiner for 35 years and recently decided that I am missing out on all the deals that come across my desk on a daily basis.

Here is a very detailed and useful memorandum issued by our securities attorney examining the new law:Summary Of Jumpstart Our Business Start-Ups Act By Russ Frandsen---April-2012The concluding statement is://Begin QuoteThe crowdsourcing exemption is fraught with technicalities and detailed requirements.

Also a good guy to read on is Bill Gulley, tons of experience with loan regulation and examination, etc.

They even have the nerve and the balls to try to cry victim.

Also, not all of the listed factors will be relevant to all companies and transactions. (6) The detail of the asset’s valuation is examined in light of the plan assets involved. a.

A regulatory examiner in Missouri for example is saying that equity financing is not covered that seller financing is if the seller provides cash for the transaction, a good example of political activisim locally to circumvent the obvious intent.

In addition it's important to examine such demographics as job creation, population growth, etc to determine where the emerging markets will be.

Hey Kurt,I've taken all the core CCIM classes within the past few months and am planning on taking the designation exam in October.

For a little 4 month flip, paying myself $500 a month through the project is nerve racking.