I am leaning your way though and hope to get a raise soon! 

Especially as they keep raising funds from new suckers like that particular GP who is now raising funds for another multifamily value add deal as we speak. 

What usually happens is that houses of cards fall, they just haven't been in the arena long enough to find out.I have seen seminars that might be similar to the Speed organization, heck, it might have been him, I don't remember.

So I started with cooperative assignments, which enabled me to raise much needed cash and then branch into other strategies, buy and hold, fix and flip. 

If I did have an opportunity, where do I start and how do I raise funds for it?

If I buy this property and the money comes from someone else's account, will that raise any red flags within the IRS systems?

Quote from @Irma Leibas: Quote from @Jaycee Greene: @Irma Leibas Many of my clients that do mid to heavy rehab projects have contractor credit cards from Home Depot or Lowe's, which reduces the amount of upfront capital needed for the rehab. 

Used 0% cards and found private money to pay most of the cards.* Aiming to refinance with a rate-term dropping down to about $3,500/mo, so we could live for free.

There are several texas who to me are not people I would want to do business with who took millions from investors and never returned it and still is out there raising $ and people are still giving him money for education and investing which is not gonna end well for them. 

My only real turnover has come from needing to raise rents to market value.