You have to watch the SEC to not be illegal Throwing money from different individuals is called pooling and there are stringent rules on this Alan Cowgill has a course on all of this stuff, and the SEC rules Private lenders can be for each individual house with a first mortgage position to secure their money investment with a vsisible asset Also, if you use other people's money across state lines the SEC will get on you

I spoke to my attorney about it a couple weeks ago and he laid out the rules on what needs to be done to do it correctly. These are just the basics. Each house is bought under a separate corporate entity and the corporation will be owned by a number of people who invest initial capital. All the houses we are looking at will be cash purchases. I have already paid for the attorney to draft all the legal paperwork to make this legit..

but good looking out though

Sounds ok to me, I don't mind investing 2gs.

Help, I am trying to start investing in real estate, however, I need some capital. I am looking for either a Hard Money lender or private. But the catch is I need the money first, but whoever would invest in me, it would be very lucrative for both parties. Thanks, Debbie

Debbie, What are you trying to do exactly? Buy, fix and flip? buy fix and rent? why do you need a hard money lender? Do you plan to refinance after it is fixed? Do you have the credit for that? Send me an email to marc@creditrich.net and we can go through some details.

There are so many ways to make money in real estate without investing nothing but time. Of course having money makes the process a whole lot easier and quicker. I stay in Jacksonville, Florida and the the market here is a gold mine right now. I like your style Marc and I can see you are a go-getter like myself. But not only a go-getter , I can see you also care about people. I definately look forward to us preparing notes and ideas that could benefit us both and the people that reads these blogs. Email me and I will send you my info.