I personally have no connections with anyone who is involved in this niche and I'm wondering how other people have started their journey.

Mike has been easy to work with for me, I don't know the other guy who it looks like was involved in Four Peaks.

If you have equity and decent credit, a conventional Fannie Mae HomeStyle (or the Freddie Mac version) would likely be the better option instead of an FHA 203k loan (which will require a 3rd party HUD consultant to oversee the deal in addition to having the contractor involved). 

I am expecting a day of reckoning for this model in the coming years when an LP decides to file a lawsuit based on misrepresentation which traces back to the teaching techniques of the coach/mentors who are essentially offering pay for Co-GP title courses where the students are taught they can use their GP title to raise money.

Whether it's considered an arm's length transaction is debatable, but it's not illegal.Move forward with the sale and ensure full transparency with all involved parties, including your CPA.

Real estate is transactional where people are involved so it won't be a black and white answer.The best to do is to find an agent that fits your needs and guide you through the process.

Any potential or existing Broadstreet investors should be aware that the SEC recently filed a lawsuit against the fund and its principals and asked the court to issue a temporary restraining order, appoint a receiver, and order an asset freeze.

:(If they are unethical, you can file a complaint with the Florida Real Estate Commission: https://www2.myfloridalicense.com/real-estate-commission/complaints/

Without going into too much detail, my current situation stems from selling a previous company via partial owner financing, only for the new owner to default on the purchase, leaving me in this position.For traditional financing, I understand I’ll need at least one, if not two, years of solid credit history, tax filings, and other financial documentation.

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