I WAS going to say you’d be setting yourself up for a large tax bill on that $200k, assuming investment.

SMS, Direct mail, facebook ads? 

FL and TX have been very popular and have large markets we try to help revitalize as well! 

The information contained in this post is not to be relied upon.

A large part of my work day was selling the courses and assisting the students.Learn By DoingNote and real estate investing is a learn by doing business.

Since he, as the "leader of the pack" has announced that information, which of course influences large numbers of others to follow suit, people who don't want to spend the money for a proper close; well . . . let me change my thought here, from asking a question to making a comment. 

You just added another crumb of information which can mean anything

Glazing in walls, enclosures or fences containing or facing hot tubs, spas, whirlpools, saunas, steam rooms, bathtubs, showers and indoor or outdoor swimming pools where the bottom exposed edge of the glazing is less than 60 inches (1524 mm) measured vertically above any standing or walking surface shall be considered to be a hazardous location.

Seems like the best way to avoid added fees, points and middle men though.

So if the LP's have enough cash they simply pay the loan off and own it free and clear.. but the size of the deals are so large raising cash to pay off debt simply is not realistic at all so if the property goes into default your junior position investors find themselves wiped out.Further more thats why a debt fund like Chris has can be a good choice for the very conservative investor..