If you are seeking 440k buyers then why would you be putting anything into the property.

I'm fairly new to the site (been browsing for a week or so) and haven't landed on exactly the information I'm seeking, so I thought I'd post my questions instead.

here is the link:http://news.terra.com/san-bernardino-becomes-third-california-city-seeking-bankruptcy,4ae2317579678310VgnVCM3000009acceb0aRCRD.htmlBP - thoughts on this???

Not sure what the penalties are but they could be quite strong.

The North American Securities Administrators Association (NASAA) recently issued an advisory to spotlight concerns for small businesses and entrepreneurs seeking to raise investment capital through crowdfunding.

FYI, I am aware I should seek legal advice from a lawyer and all laws vary from state to state.

Thanks all.Sounds like a better way to go would be trying to seek out existing voucher holders that are looking for a new place to live, instead of creating section 8 tenants from your current tenant stock.BTW- this is for rentals in Genesee County, MI.

Then refi at some point.Please note that if you're actually looking for loans you will need to post in the Seeking Financing... forum.

Once the QD is filed it's granted, if you can stop the filing I would and seek legal advice.

I only have $40K, so I seek an investor to lend me the other $40K under the following pretense.- I pay the $40K + interest (interest rate comparable to that of stock market or other typical $40K investment) within 3 years, at which point the deal will be done, and I'll own the home outright..- If I'm unable to repay the $40K + interest within the agreed upon time, the investor automatically becomes a lienholder on the property and is entitled to his original investment plus a % of equity returned if any (this % is part of my question, what we be reasonable, given that I'm making the monthly payments?)