A trust may offer some of the same benefits as an LLC, depending on your goals, and allowing you to claim the part of the house you live in as homesteaded tax.Make sure you have the right home insurance and consider an umbrella policy for extra protection.Certainly buying a house, using conventional financing with limited money down as a primary residence and renting out parts of the house to help pay the mortgage, is a smart financial move.

Investors, (two of us) ultimately funded about 32% of the project with cash and additional money was raised from members of the local REIA, simply by word of mouth.

I appreciate any input in advance.Not only are helocs harder to find for investment properties, what you intend to do with the money matters.

Zero self-accountability for doing 0 research, consideration, thought.

Meeting them puts a face to the name and forms a human connection... you're not just after there money. 2) Provided them with a rental application.

But if I am not raising capital here, just putting the money to work here, why would the local capital-raising laws apply?

There’s no money-back guaranteeThe most reputable programs will offer some form of money-back guarantee.

Also, the seller wants me to set the closing date on the contract to June 28th instead of our original closing date, which was August 17th, because she wants to receive the money in a timely manner to pay her back taxes.

They make money and stay in business by taking your payments, and not paying out claims.

I do know people that rent in this market with success, but not without considerable headaches (I do not own rentals in this market).