All of the posts about crowdfunding raise valid points and concerns, but there is one legitimate group of us that could potentially utilize crowdfunding as a platform if the opportunities present themselves.

Some rules are fine for a quick glance, but you shouldn't base deals on any rule, you should be able to look at the data, know what to expect and figure out each potential deal.I know we have advocates of rules here on BP and they may be valid in many areas, I know they aren't everywhere or in every deal.

Any fee paid needs to be validated and revealed on the HUD-1As for wholesaling : It is illegal to attempt to sell something you don't own.

Here are the numbers:Purchase price: $447K Downpayment: 25% (111.25K) Monthly mortgage payments (4.75% mortgage): $1749/monthTaxes: $1,120 (estimated)Insurance: $200/monthadvertisement: $100/monthProperty Management: $414/month (9%)Repair/Maint: $0/month (1st year warranty)Rents: $4600/month (it is fully rented)Any thought on this would be much highly appreciated.Thanks, David

Depends on what you mean by "acquired creatively", was it by QCD, Warranty Deed, etc.?

@Phil Damjanovic You can not make any note or agreement that circumvents state law concerning the foreclosure process, well, you can but it's not valid and it can cause you some extreme problems.

For the promoters on this thread....I have a call set up on February 7th with CrowdBouncer to discuss their warranty underwritten through Merchants Mutual Insurance Group for any non-accredited investors that pass through their screening that result in suits and dollars from said suits.

This may not be a valid work around for the transfer tax issue.

Not sure how valid it is as I'm not a lawyer and hasn't been tested yet, but in my lease in my non-smoking clause, fireplace clause and elsewhere, I state specifically that determination of existence of odor is at Landlord's discretion, and I have specific language about air duct cleaning, carpet cleaning, professional household cleaning of walls, cabinets, etc., at Tenant's expense if necessary to eliminate odors.  

If you make an offer before your LLC is registered and it goes Under Contract, then you won't have a valid offer.