There’s a great way to get your foot in the door with real estate, and it doesn’t require an expensive buy-in. In fact, you won’t need to spend a penny of your own money. It’s called real estate wholesaling, and it’s a short-term business strategy that’s ideal for newcomers to real estate investing. All you…...
When syndicating for a deal, you have three options: register the deal with the SEC, find exemptions for the deal, or it’s illegal. 506B and 506C are the two most common exemptions for syndications, so let’s take a deep dive into the differences between the two and figure out which exemption is the best for […]
Mauricio here. And today we're going to talk about the difference between a 506B and a 506C exemption. Now this is pretty technical and this is as technical as I'm going to get. So don't worry about moving forward. But prior video, we talked about the definition of a syndication of definition of a security. And we went over the fact that once you realize that you're in the business of issuing securities, meaning you're doing a syndication, that there was really three things we needed to worry about. If you guys remember number one is we have to either register the security with the SEC, or number two, we had to find an exemption to registration or number three, it was illegal, right? And so we didn't want to do a registration and we didn't want to do something illegal. And so we're always looking for an exemption and 506B and 506C are simply two of the most popular exemptions that are out there.
Robert Kiyosaki has been in the real estate investing business for years now. He’s been through the ups and downs of the real estate market cycles, so it’s safe to say that when Robert thinks something is bound to happen… you better believe him. Join Ken McElroy, Danille, and Rich Dad, Poor Dad author, Robert […]