At least 50 percent of the assets of the business, valued at cost, must be invested in real estate which is managed or developed and with respect to which such entity has the right to substantially participate directly in the management or development activities.b.

My main advise: download the podcasts, start reading tons of articles from this site to acquire more knowledge, set up your keywords alerts, and start participating in the forums!

At least 50 percent of the assets of the business, valued at cost, must be invested in real estate which is managed or developed and with respect to which such entity has the right to substantially participate directly in the management or development activities.b.

I've never thought this was going to have much impact on real estate as there are many other areas where non-accredited investors can participate.  

I am planning to participate in my first auction coming up in the next week.

Do not let a number get in your way of expanding your investment horizon, but most importantly make sure to consider the risk involved, regardless of the level of participation.

I have been in the process with Memphis Invest and feel like they make me the most comfortable in terms of a true turn-key experience...only issue is their props are priced at a premium.For financing, I have about 25K in cash, 35K in a HELOC, and could roll my 401K into an IRA to leverage that (however I am participating in employer match, not sure of repercussions...).Would prefer not to burn my cash, however, if I use my HELOC for the down payment....I would essentially kill my monthly cash flow or make a few bucks.

Great day BP family,I haven’t been actively contributing to the site for the past six months or so because I have been managing and participating in my first rental rehab.

When all of those parts are used, it allows people to take advantage of profitable markets that they otherwise wouldn't have the ability to participate in.  

I am looking to begin by investing in small multifamily homes (4 unit or less) with financing .I am excited to participate in the BP community -- and I would love to meet with anyone in the Chicago area who invests, or is starting out just like myself.Cheers,Danny