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Updated over 11 years ago on .

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
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43,458
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Fractionlized Deeds of Trust or Mortgages

Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Posted

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. Like it is in CA..

Or if pooling money for a Mortgage needs to be done through a REg D filing anyone one of the 500 series.

Any one have first hand knowledge about this in IL.

And or the states they work in. I do deals in Memphis and my attorney there said they are permissible.

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JLH Capital Partners