I need to know that before I ever write that $10,000 e-m check.Now, as far as typical terms and such: From what I can tell, the going rates seem to be in the range of 12-16% with 3-5 points or so.

You can always go to the IRS website and grab a hold of a Schedule E and the instructions for Schedule E and start reading.

@Stephen E. yes, thats exactly what I need.

There is some great e books, such as the UBG, and the podcasts are gold.

there has been a lot of discussion on this subject, I am funding a few fix and flips next week in Chicago I have put in an e mail to my attorney there to see if this is legal in IL.

@Edwin E.

The Broker informed me I'd have to show records of renting out my current place for ATLEAST 12 MONTHS on a schedule E before I could purchase another or I'd have to account for 2 home mortgage payments in my monthly income.

Just joshing you being that I live in Portland OREGON and we have N S E W and then SE NW ...I think Crowdfunding puts pressure on HML's and other non tradional lenders.

I think that ROE is more important than ROI (E is for equity).

Verbal or e-mail with a note that proof of funds are available.