As it reads, a pro-rata share is "equal to the Purchase Price of Participation divided by the Outstanding Principal Balance of the Note."

Just participated in their webinar, which wasn't live, but just a video at the end when he was showing testimony, he said that guy make a first deal with paying EARNEST Money DEPOSIT with his OWN money!!! 

Of course your participation in those tulip bulb type speculative frenzies isn’t guaranteed since the asset/product you are proposing DOES have real value.  

His recommendation was to not participate in subject to as an agent.

If you have your own business/self-employed you might qualify for a Solo 401(k) or multi-participant 401k whereby you can self-direct into real estate with those funds. 

We create a new joint LLC for each investment, and each participant gets listed as an owner of the joint LLC. 

Greatly increased lending capital by transitioning from a ‘blind pool” fund to a series LLC / syndication model where investors know the property lending deal before committing to any loan and can “pick and choose” whichever loans they do or do not want to participate in.  

I will be participating in the webinar this Saturday to learn about the platform.

A Solo 401(k) may be advantageous for self-employed individuals, offering the potential for participant loans, higher contributions, and no custodian fees, as well as higher contribution limits and the option for tax-deferred or Roth contributions.This post does not create a CPA-Client relationship.

Todd Millar is just trying to disappear as if he never participated, taking no responsibility for all the money people are asking for back.