Although I didn't end up using any hard money from MHD's hard money lenders, I got enough responses to feel that there were legitimate HMLs to be found there.

Without a legitimate excuse it should have been a full 2 years.

If you place your business assets into a business entity for legitimate business purposes, that is not considered a fraudulent transfer, it's considered a transaction between innocent parties in the ordinary course of business... something the UFTA actually protects.

Joshua Dorkin I'll help make calls to have this in So Cal if you'll comp my travel and lodging (kidding... obviously).Seriously though, if you think that might have legs, we can round up the REIAs and get several hundred people "in the know", then through that find a venue.

I have been told that the IRS really likes to probe if the status is legitimate.

@Jay Hinrichs would you happen to be able to estimate, from your experience, how much more these people make per home than the legitimate turnkey companies?

So, I wrote him a legitimate bill for the repairs for the one house and the bill was $32,000.The numbers and profit for multi-units is amazing.

We did fix what he asked for if it was a legitimate repair, and even repainted a wall color that he said he liked prior to moving in, but that once he was in, made him feel "sick".

It's because people couldn't legitimately afford to buy properties otherwise.  

I'm trying to figure out the venue and a basis for a suit.