Lowering the threshold with exemptions seems to open the wild west to the $15K bottom feeders, they'd simply go back to the old ways without any incentive to operate ethically, in that case I'd have a different feeling about it.I do think individual investor/operators are being hammered too hard in reality, but free reign is not in the public interest IMO, due to the dealings of a few.It's a complicated situation, too much oversight or not enough to keep some honest.Now that I'm hated by all MH types, as a compliance type, what is the extent and effect of this proposal?

You say I should start wholesaling but I hear that can be complicated for beginners, plus right now I'm just saving my money for my real estate education plus the start up costs that come with becoming an agent, thanks for the great advice though!

A lot of what you read about it will make it sound like it has to be this really complicated risky process, and it can be, but there are certainly ways to mitigate at least parts of the risk.One advantage you have is that Charlotte is a great market to buy in right now!

FLiP's, Trusts, Complicated LLC's Structures, there is a ton of different strategies for you to use to transfer wealth to the next generation.

Don't know about fractional notes, seems like too much complication on a deal this size.

However, it does complicate the transaction and your 1031 Exchange.

How complicated can it be?

For me it's quite a bit more complicated than what you lay out.

Simply tell them you already have the financing lined up and want someone to help with the origination.It’s really easy if the interest and points total less than 10% APR and only slightly more complicated if greater.

BC the property would be his since he was in it to own it at the end of the term...not trying to make it complicated Promise :)