And his direct employees are allowed to sell these notes if they were registered and disclosed properly..

If you are at 6%+ I would say make the extra payment as you have to factor in net (not gross) returns from what you would do with that money.

All our properties currently yield over 6.5% gross return, with a borrowing rate at 6.5% and 20% deposits.

Simply because the interest payment alone at 7% APR will be in excess of $3K, the total gross income of the earner you mentioned.

they are buying the assets and closing.. and the big ones are all licensed.. so you can have an employee work for you in a very narrow scope.. but why u would want to do this is weird.. there is no real money in it and over time your not building a career your just wasting time. trying to figure out how to stay on the fringe.

@Dave Charron, just a guess but perhaps the company wasn't properly insured or the guy wasn't an on the books employee and also the company probably has no suitable assets that can be sold off to collect against them. 

This is a whole new era than 2010-2020, you're going to have to come correct not just straight spec.And you're not making 4.5% on your HYSA--that's gross. 

I think there is really trying to do your best as a syndicator and then gross negligence projecting deals that are riskier than they are but painting a picture of less risk to induce capital to purchase.

When determining gross income, many factors can come into play besides salary.

What do the county and state laws provide (notice I didn’t ask what county/state employees “say”)?