I admit I was getting cocky and starting to think I would never significantly bust a rehab budget.  

Allegedly all the lenders on the CiX site have been vetted and are legitimate.

I will admit it can be lucrative and workable if you are an investor with pile of cash you are sitting on.

However, I also, admittingly do not know the laws as well as I should and that could come to bite me one day. 

I think I've had two or three different new posters get offended by my replies in the last few weeks, which I admit are not served up on a poo poo platter with hollandaise sauce.

So, yes, each new offering is an opportunity to move to 506(c), but for these established groups with established networks that are limited by good deal flow versus capital availability there is no need to change the process and compliance requirements needed with a 506(c) offering, since the entirety of their marketing and raise will be limited to existing investors and/or referrals.Again, for OPs purpose, it doesn't make finding them easier, admittedly, but to imply that 506(c) equates to better operators is not true in my experience.

I have to admit that's a solid deterrent, by itself.

Admittedly that book is one of the first I purchased.

I am a firm believer in "What goes 'around...comes around" and I wish no calamity on Clayton Morris and wife Natali Morris, Larry Blessman, Nicole Meckley, Linzi Del Conti,Kate Federico (All directly connected to Morris Invest and party to this transaction).Last but by no means, certainly not least, and likely a major player in this SCAM Herb Whaley and allegedly his wife Natalie Bastin at OceanPointe Properties in Indianapolis, Indiana.And Hope against Hope, Clayton Morris could save his reputation not by hiding from his responsibility behind his LLCs , but make everyone he has harmed whole again for those who deserve to be recompensed for the harm done to them.

I will admit I probably could be there by now, but after 2009 I got really scared and has over  analyze every deal and got paralysis.