While everyone is talking true investing or running a RE related business, for most people the biggest single step they can take and take easily, is buying their personal residence.

The more of these factors that are true of a home, the more likely that it is your main home.The address listed on your:U.S.

I wrote the two statements below and was wondering if these are true statements.

If it's too good to be true...It looks like a normal hard money lender, that is using the "Private Lending" phrase as bait. 

But I'm not sure if this is true, because you get access to everything at once.Splitting everything up just increases the cost to potential applicants, which I'm sure is the exact opposite of what they wanted.

Hi Ryan,Wow parking for 30 dancing Zumba goers must make the street a true zoo(omba).30 friends getting together for dancing for fitness private party at someones house every Sunday after church, is different than using the property as a fitness destination business.It would be smart to ascertain which you have here.Simply telling her, your Sister wants to lose few pounds Zuba-ing--how much does it cost and can you have the join-up paper work for her might tell you what you need to know.

Also that statement that buyer was aware of underground storage isn't true either.

While I appreciate the desire to "escape" the 9-5, I hope you realize you will be going to the 8am-11pm routine when you start syndicating ;-) Dealing with other people's money comes with more responsibility and generally more hours.Yes, I know its not a "job" if you love doing it and that is true but starting syndications is like a start-up and takes resources, time, effort and cash upfront to make it successful.Just my $0.02

Originally posted by @Daniel Mears:@Joe VilleneuveWell Maybe in terms of control versus a small amount down ..but I’ll stand by my original statementHaving an option to buy is certainly not equal to having useful ownership rights and equitable interest like recorded installment type sales where you have real marketable true ownership .

Do not comingle especially in a partnership.You should also consult an attorney and CPA about your question as they will be able to provide true legal and tax advice for you on this question.Best of luck!