Whoops, this was supposed to go to the Marketplace.

Yes the IRS will assign imputed interest which today is around 3.3%That note to the occupant IS covered by Safe/Dodd Frank, and Ability To Repay, full doc, using a Licensed Loan Originator etc is hazy when just one loan in a given year.  

So, I work for a leading mobile home manufacturer.  As a benefit, I can purchase 1 new mobile home for the manufacturing costs.  No profit for the dealer.   Not sure exactly how much of a discount it would be, but doe...

@Brian BurkeI guess I thought that you use the preferred return to repay the capital, so anything paid as preferred return reduces the capital contribution account, but given what you just explained it doesn't seem to work like that as I have to pay them their preferred return on the entire capital plus their capital.So the question is: what extinguishes the preferred return (ie counts as repayment of capital, whether the entire capital or a little bit of it) during the holding period?

My goals are to network with others in the Louisiana market, and to be able to learn and develop unique strategies that will help me grow my business.Thanks,Andrew 

Without a title report I can't tell the total debt amount.Borrower in BK doesn't complete repayment plan with vague memory/details of a "deed in lieu" to lender that went under and filed BK.  

I am on a 10 year repayment though so it isn't too long.I would be looking to buy in the Pittsburgh market which isn't terribly high to get into.

What I liked best and found most unique about this particular system was how low pressure the people are.

Okay, perhaps not impossible but I get the feeling that NYC is one of the harder REI markets to invest in for beginners.I wish Joshua and Brandon would invite an experienced NYC BP member willing to share their assessment of this market and the surrounding areas and unique strategies that would work for this local market.  

For example: •Raised private capital for various deal makers who specialize in fix and flip single family residences•Assisted in converting unique San Francisco multi-family units into tenants in common•Joint ventured and partnered with local investors to purchase multi-family units and trustee sales locally and out of state