He’s not a pushy salesman, and I’ve got a business partner who has worked with him for the last 10 years without any issues.As for your situation, I wouldn’t say it sounds like a Ponzi scheme, but I’d strongly recommend meeting with the fund sponsor in person and asking as many questions as you can.

Highway hotel on busy 35 highway. 19 hotel rooms plus owners apartment, large laundry room with commercial washer and dryer, large parking lot, front desk, lobby, roadside sign.

Hi Davis,I live in NC but invest primarily in Greenville SC / upstate with my business partners. 

If the IRS gets busy auditing them, maybe they will leave you alone.

He became a contractor, worked hard, and grew a successful business that produced a lot of money.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.

@Enrique Toledo-Perez As a realtor are you not allowed to open a wholesaling business? 

Nearly all of our business came from the relationships that our originators had built over the years. 

Specifically, must this be a commercial/business loan type where you have higher rates and shorter loan life or is there an alternative loan type? 

We want to grow our real estate business to be able to quit our jobs.