Quote from @Matthew Irish-Jones: Quote from @Harish V.: Quote from @William Woodring: Update on my postAs pointed out, the initial terms on my contract in Oct 2021 were beyond industry standards.

Companies like this make our whole industry look like used car dealers.

The company making the offering must take reasonable steps to verify that an investor is accredited, which may include checking financial statements, tax returns, or receiving confirmation from a broker-dealer, attorney, or certified public accountant.These regulations reflect a balance between making capital more accessible for businesses and protecting investors from risks associated with unregistered securities.

The bank will sell notes to other banks, mortgage companies, dealers and those who hold the proper license in a mortgage industry activity, just not to Joe.

OK then there is an @$$ for every seat as the car dealers say.. good luck with it..

I pay self employment taxes on myinterest income from mortgage notes because I am considered a “dealer” and am in the business.

That company insiders have looted millions of dollars in bogus loans written as "promissory notes" from the investor money they did raise and that according to employee reviews on Glassdoor they are paying their salespeople 1099, which would make each of them an unregistered broker/dealer/investment advisor.Every complaint, each new piece of data brings them one step closer to justice.

But you can usually learn enough to do that with many brokers without paying thousands of dollars.And, many will say they only work with "member dealers"......really?

It reminds of the people who go into the casino, and melt down at the table when bust on there last $ and start screaming at the dealer that they "should have" won that hand, gotten so-n-so's card blah-blah-blah....     

The machine guns must have been quite a show.Two dead after drug dealers open fire at five-star Hyatt hotel in Cancun: Panicked guests were instructed to hide, barricade their doors and given metal sticks to defend themselveshttps://www.dailymail.co.uk/ne...Men reportedly armed with machine guns opened fire at the Hyatt Ziva Riviera Cancun resort Thursday afternoonSeveral people said on Twitter that vacationers were told by staff to hideOne guest claims they manned the entrances to the basement and were given metal sticks and a pedestal bathroom sink to defend themselvesPolice said the shooting stemmed from conflict between members of hostile groups of drug dealers and that two people had diedThe shooting broke out around 3pm Thursday when men allegedly carrying machine guns fired shots on the beach area of the Hyatt Ziva Riviera Cancun resort in Mexico,