I love moderated forums as you can really get good info and not just adds and spam and trolls.I am a commercial lender that is very much involved with a downtown revitalization project and am looking forward to swapping ideas and thoughts with others in the "biz".

I've only been involved in this for about 1.5 weeks, so let me know if I've left any important information out.The investment group is an LLC operating out of CA that does redevelopment in another state.

So Roxcy...What area of real estate are you involved in or hoping to be involved in?

If the LLC takes out the loan in an arms length transaction, then you have more protection against the creditors and individuals involved in the liability in that situation limited to those assets in the LLC.

May have been a fairly hefty charge involved, something like $100 up to $250.

Mostly because of the 1031 rules.You do not need to use a TIC when you want to do a 1031 so do not confuse the two.A TIC will not have a clear exit path if there is 1031 money involved.

Again, you're going to need a lawyer (and money to pay that lawyer.)Family's involved, so there are going to be hard feelings no matter how this comes out.

I personally believe that you cannot get involved in these situtations.

It also lets a criminal investigator identify a pattern and who engaged in the activities plus the sums involved.

I'm really glad to see another younger person involved in real estate and investing.I pretty much have the same situation as you, my mother is supportive, and no one in my school of 2500 students has a clue what any of this is.I'll tell you, from my personal experience, people (most the time) view you as a very driven individual and are impressed.Ive yet to receive a negative experience due to my age.unfortunately, I'm only 15, but my mom is willing to sign my contracts and basically be my business partner.Starting out young is the best thing you can do, you can re-invest many of your profits since you don't have debt or a family to feed.Congratulation's on your investments ($5,000 is pretty decent for 17)and keep learning.