Rates are usually in the high 8s or low 9s, and you are likely going to pay 3-4 points for these loans. 

I have been to a few of them personally its really something and the folks that own them are under the radar and make MILLIONS.

I am excited to introduce myself as I continue to learn about the world of real estate investing. 

You’re going to be personally sued no matter the cause of the loss.

I’ve been working exclusively in my local market since October and am excited to share that I already have a couple of deals under contract!

Under this rule, if you spend at least 100 hours on the property and no one else exceeds your time spent, you can qualify as materially participating.

I see 3-5 as a fad.Fractional ownership - way to much overhead for these to be profitable. think "timeshare".STR in non traditional markets - running a STR is a business and real estate, boils down to location location location - who would want to go to a conference and stay in a STR vs. the hotel where the conference is at, most businesses pay for this I do not see why.Mixed use with green - this has been going on for years- it will continue but it is also more expensive to build - which means higher costs to use.Not trying to be debbie downer, I have seen these attempted to be done in the past and they really have not been successful.I do really like the BTR model though as I continue to see that as a very good option in the future. 

At no time was I informed that what I was doing was going to cost money.

I didn't have much money, and not much experience but I used my background in finance to put together a syndication and buy an old office building and drive thru on .59 acres with the purpose of developing housing.My passion was creating housing in a city with under 2% vacancy and skyrocketing housing costs.

If you own the business, then it could be a problem, but if you work for someone else and get paystubs and a W-2, then you might be able to go with a conventional loan using full documentation.