Except, I'm the developer and investor, but not the builder.

Yes (except the property was father's) and it is already paid off in full so there is no current mortgage on it.I suppose the other way would be to pay cash now to buy them out and later down the road get cash out financing though a bank, this way it doesn't involve them.

Those wondering about title insurance requirements, the property is sold with the cloud on title and is excepted from coverage, similar to a Sub-to transaction with existing liens.

Unlike Regulation D Rule 506 private placements to accredited investors following the JOBS Act, crowdfunding does not allow advertising except solely to direct investors to the appropriate broker/funding portal.I think careful combination of "inbound marketing" using social media tools, and collection of the appropriate informed consent from investors will make this ok.

The property is what we would be after ... it's all hinging on the municipalities willingness to entertain a zoning exception.

Unless there is some kind of exception to the Colorado SAFE Act (like you can use a "hired" MLO) your chances of finding a lender for an OO purchase are slim.Off the top of my head Alternatives (for you and your attorney to discuss): buy the property in an LLC or other "non-person", have the lender lend to the LLC, and have LLC membership/ownership as you and your wife, with an additional member being the lender upon your demise (or other events (including insolvency, etc.))

You would probably have to go to a portfolio lender (one that keeps loans in-house versus selling them off to Fannie/Freddie) to get something sooner.The exception is the delayed financing rule which allows you to get a mortgage on the purchase price of the home if you do it within the first 6 months.

Shawn,When you hire cheap labor except cheap work, it is your fault for not paying more and hiring the best.Joe Gore

Those that have more money are better educated but there are exceptions.

I've never been much a pet person, except for the chameleon I kept as a kid, but I learned that even a vicious dog can truly be a flipper's best friend.Right now I'm looking at 2 investment properties (a condo and a townhome) that need work and I am very reluctant to engage with another HOA.Does anyone else have any tips or tricks on dealing with HOA Nazis?