Fincen is trying to promote that if someone doesn’t want to file then they must be hiding something .

Aside from this forum and the events promoted here, where else would you recommend looking to find connections or events with experienced flippers in Chicago? 

Current HELOC rates are typically 8-10% depending on your credit and lender, though some banks offer promotional rates.

The initial poster was pretty nasty and making a lot of inferences.

I've read a lot of bad information on how some gurus are promoting techniques that are flawed at best, fraud at worst.

I see it promoted by gurus that they'll pay 110%+ of FMV if they get the financing in place and no balloon.

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Promote Structure - This is usually if you guys have 1 person who handles the majority of the business and the day-to-day operations.

Reason being is that it allows you to invest in other products other than they offer, so that's why they don't promote these . 

Fund of fund raisers need to do a much better job including descriptions of both double promotes and possible implications for LPs investing through a fund of fund vs directly.