He had a balloon payment of the remaining balance at a certain due date.

Restating:PMT = $293 (month) / $3,516 (annual)UPB = $46,000Yield (49.7% UPB) = 15.09%ITV = 90.4%CLTV = 103.4%Remaining Term = 357 periods (29.75 years)Note Rate (+/-) = 6.78%So, this will give off 15% not 5%.

To many familiar with the history of Rule 506(b) that sounded a lot like general solicitation and advertising, but the SEC concluded that it was not.With the two no-action letters, the SEC effectively launched the Crowdfunding industry even before the JOBS Act officially came into effect.More broadly, with the two no-action letters in hand, portals may feel they have a clear road map to legal Rule 506(b) offerings, while they remain hesitant about Rule 506(c) pending more advice from the SEC.

@Justin Trudellnot sure if I understanding your correctly, but if you continue to participate in your company 401k, unfortunately you will not be able to move it elsewhere, it will remain there...The excess of contributions you can direct into SD IRA and with those funds you will have the freedom to invest as you wish.

One other downside to DIL that @Dion DePaoli did not mention is that all junior liens remain in place.

I'll be requesting the last bit of zip codes remaining in San Diego from my real estate agent friend because I'm quickly running out of areas.

But I'm definitely remaining cautious about that detail in particular!

We did this primarily because a) we can borrow at a lower cost and b) it is easier for us to use equity lines of credit on our existing Canadian properties, than secure a mortgage in the U.S.A.In your instance, where you are no longer resident in Britain, you should first determine whether you remain able to refinance your property under terms and at a rate that makes business sense.  

It may be that I need to spend some energy looking for a portfolio loan for the remaining four properties (or all five).

Must all the documents such as leases, applications and such remain at the brokers main office?