This could play an important factor in risk related to the startup nature of crowdfunding.

Especially considering the dynamic and organic nature of these types of markets...

I'd say you need to do some reading here on BP and think about what you will be promoting and what the receptive nature many of the members here will be to such tactics.

Like I learn most - jumping in feet first ;-).Yes, it's great to educate yourself and have others to ask, but I also see people get hung up with 'analysis paralysis ', because there's always something else to learn and they're afraid to start until they have everything (which isn't possible)Granted, I'm a 'big picture person' and it's my natural tendency to not go into every little detail until it's too late ;-).

The arbitrary nature of seller financing has been an issue I have been pointing out for years, I have stressed interest reflecting the risk and prudent lending practices in origination and much of it falling on deaf ears I believe, not sure, hope its made a difference.Jackie, good points and I'm certain that there is a silver lining here with a great deal of opportunities for those who become compliant.I'm sure that investors and MH dealers will adapt and overcome as will note investors.

@Glen Sonnenberg - I think it depends on the nature of the loan.

But the skeptical nature that arose in Paul was based off of a wholesaler not wanting to give his quality buyers information for a reference to confirm transactions.

Now I want to do this in a more serious nature.

This is commonly known as the "Prop. 58" form.You will want to understand if establishing a second lien will create a reportable liability that will need to be taxed - I recall that there is a minimum interest payment the IRS will assume to exist and naturally expect to receive income tax from.You may be able to purchase the life insurance policy your self on your mom and that way you would be the only one who could change the beneficiary.

I've got a background in sales - so translating that in to my investing came naturally for me.