The company is offering a lightly used washer dryer with this facility and wants me to shift to a different plan.With the newly refurbished machines, they want the first $12.75 from each machine as rent and then a commission of 70% is sent to me.

As I understand it:A "syndicator" who is familiar with a market and strong management teams finds deals that require capital primarily for real estate acquisition (but not exclusively: I have heard of funding the launch of mobile home parks, public storage facilities, and other relatively low-complexity real-estate based operations)The syndicator then sources capital from a list of people who are qualified for being able to write a certain check size (in the cases I've heard, this ranges from $20k to $100k)Each of these people can opt in or out of the deal, which is funded on a first-come / first-serve basisThe deal is structured as an LLC, with a distribution waterfall that starts with the capital invested plus 8-12% accrual in a "preferred tier" followed by a common tier which is diluted by management (~15%) and by the syndicator (~20%)Is this a common practice? 

All for FREE.We're officially launching later this year, but we're looking to gain some feedback.

What are the key factors to consider when deciding on the most suitable loan type to cash-out refinance a newly completed house?

Looks like they are very new and recently launched entering the space.

@Nakul Ravi Hello Nakul, Bennington and Elkhorn are great up and coming neighborhoods with a lot of newly constructed homes coming up.

Imagine, how our fellow Americans will feel if they found a way to make 9% on their life savings.While, i have been trying to wrap my head around all this and find a creative way to make money a good friend of mine told me they did a lot more research into this and are now launching a campaign where they are attractive Indian Americans living in America to invest in India.

The table below shows the prior regulations and the newly approved regulations.ITEMPRIOR REGULATION (BEFORE DEC. 17, 2019)NEW REGULATIONS THAT ALIGN WITH CALIFORNIA STATE LAWSEffective DateCity Council approved the regulations below on July 27, 2018 with subsequent updates approved on May 23, 2019; June 25, 2019; and November 19, 2019.On December 17, 2019, City Council approved the following changes, effective immediately upon their vote on Dec. 17, 2019.Zoning DistrictADUs are allowed:• In R-1, R-2, and R-M zoning districts on lots that have one single-family residence.• In Planned Development (PD) districts that are subject to R-1 standards and uses OR where ADUs are not expressly prohibited.• In a low-density cluster development if it conforms to development standards of the R-1 zoning district, and the development and use standards of the low-density cluster permit.ADUs are allowed:• In R-1, R-2, and R-M zoning districts on lots that have one single-family residence.â�¢ On lots with a single-family residence In Planned Development (PD) districts that are subject to R-1 standards and uses OR the ADU conforms to the development and use standards of the PD district.• On any lot with an existing single-family dwelling unit, where regardless of zoning, the lot has any of the following General Plan Land Use/Transportation designations:- Residential Neighborhood- Mixed-Use Neighborhood- Urban Village or Urban Residential- Transit Residential or Rural Residential- Downtown- Mixed-Use Commercial• On two-family (duplex) lots and on multifamily properties• In a low-density cluster development if it conforms to development standards of the R-1 zoning district, and the development and use standards of the low-density cluster permit.Minimum Lot Size3,000 square feetNo minimum lot sizeMinimum Setbacks from Rear and Side Property Lines0 feet for 1-story conversions and new construction.5 feet for second-story ADUs constructed above a garage or accessory structure.0 feet for 1-story conversions and new construction.4 feet for second-story ADUs constructed above a garage or accessory structure4 feet minimum rear and side setbacks required for detached ADU in multifamily developments.Maximum HeightFor detached ADUs:Single story – 18 feet maximumSecond story – 24 feet maximumAttached ADUs are subject to the height limits of the main home.Single-family properties - No change in height requirements.Multifamily properties - 16 feet maximum height for detached ADUs.Rear Yard CoverageArea covered by the ADU, accessory buildings, and accessory structures, except pools, shall not exceed forty percent (40%) of the rear yard.Area covered shall not exceed forty percent (40%) of the rear yard or up to 800 square feet, whichever is greater.Detached ADU Allowed LocationsRear yard only, at least 6 feet away from primary dwelling.May be attached to a detached garage or other existing accessory structure.Must meet minimum setbacks for an accessory building in accordance with Section 20.30.500.No changes except that ADUs that exceed forty percent (40%) of the rear yard must maintain minimum 4 foot side and rear setbacks.

The table below shows the prior regulations and the newly approved regulations.ITEMPRIOR REGULATION (BEFORE DEC. 17, 2019)NEW REGULATIONS THAT ALIGN WITH CALIFORNIA STATE LAWSEffective DateCity Council approved the regulations below on July 27, 2018 with subsequent updates approved on May 23, 2019; June 25, 2019; and November 19, 2019.On December 17, 2019, City Council approved the following changes, effective immediately upon their vote on Dec. 17, 2019.Zoning DistrictADUs are allowed:• In R-1, R-2, and R-M zoning districts on lots that have one single-family residence.• In Planned Development (PD) districts that are subject to R-1 standards and uses OR where ADUs are not expressly prohibited.• In a low-density cluster development if it conforms to development standards of the R-1 zoning district, and the development and use standards of the low-density cluster permit.ADUs are allowed:• In R-1, R-2, and R-M zoning districts on lots that have one single-family residence.â�¢ On lots with a single-family residence In Planned Development (PD) districts that are subject to R-1 standards and uses OR the ADU conforms to the development and use standards of the PD district.• On any lot with an existing single-family dwelling unit, where regardless of zoning, the lot has any of the following General Plan Land Use/Transportation designations:- Residential Neighborhood- Mixed-Use Neighborhood- Urban Village or Urban Residential- Transit Residential or Rural Residential- Downtown- Mixed-Use Commercial• On two-family (duplex) lots and on multifamily properties• In a low-density cluster development if it conforms to development standards of the R-1 zoning district, and the development and use standards of the low-density cluster permit.Minimum Lot Size3,000 square feetNo minimum lot sizeMinimum Setbacks from Rear and Side Property Lines0 feet for 1-story conversions and new construction.5 feet for second-story ADUs constructed above a garage or accessory structure.0 feet for 1-story conversions and new construction.4 feet for second-story ADUs constructed above a garage or accessory structure4 feet minimum rear and side setbacks required for detached ADU in multifamily developments.Maximum HeightFor detached ADUs:Single story – 18 feet maximumSecond story – 24 feet maximumAttached ADUs are subject to the height limits of the main home.Single-family properties - No change in height requirements.Multifamily properties - 16 feet maximum height for detached ADUs.Rear Yard CoverageArea covered by the ADU, accessory buildings, and accessory structures, except pools, shall not exceed forty percent (40%) of the rear yard.Area covered shall not exceed forty percent (40%) of the rear yard or up to 800 square feet, whichever is greater.Detached ADU Allowed LocationsRear yard only, at least 6 feet away from primary dwelling.May be attached to a detached garage or other existing accessory structure.Must meet minimum setbacks for an accessory building in accordance with Section 20.30.500.No changes except that ADUs that exceed forty percent (40%) of the rear yard must maintain minimum 4 foot side and rear setbacks.

Consider the condition is not newly-renovated one.