I had to venture into an equipment rental place in da hood.All the guys there are doing rehabs for $$$$ or working for someone who was.I had to park a block away because of all the nice new trucks & Escalades in the lot loading up with equipt into nice covered trailers.

I just remembered this post I saved a while back, seems there is a joint venture exception to the CA usury law established by case law: http://california-attorney-business-law-blog.blogspot.com/2012/04/joint-venture-exception-to-californias.htmlLot's of prerequisites to establish the JV exception, doesn't seem like a very good path to take.I don't think a note secured by a deed of trust necessarily implies lending.

You also might want to consider a Limited Partnership, Limited Liability Partnership, or joint venture.

Mitchell,I wouldn't even venture into that territory.

I hear once you get a solid flow of buyers wholesaling can be a very profitable venture.

Hello Doug, Welcome to BP and congratulations on your new venture.

I really find BP the best source for valuable advice and information on the NET.My goal is to start my own real estate investing venture someday in the future.I don’t feel that I am ready to start in real estate investing just yet but an unexpected opportunity in my family just came up.

That said, I highly recommend it even from a beginning venture as there can be significant savings.What type of investments are you involved in outside of the rentals?

I would venture to say that all I am guilty of us reaching out through this avenue in my spare time to try and find a possible solution to my somewhat personal but very difficult challenge before me.

Good luck in your ventures and feel free to reach out if you think we can work together.