I deleted the "promotion" immediately, of course.

My gut, until proven wrong, is that he’s just another pretender hoping to cash in on self promotion/marketing.  

Books and podcasts galore, promoting the phenomenon.

This pushed Minkow's sentencing back to July 21.[56][57] This was the second time Minkow's sentencing had been postponed; it was originally slated for June 16 but was postponed to July 6.In a pre-sentencing evaluation performed on May 10, 2011, Minkow was diagnosed by a Michael Brannon as having a personality disorder with antisocial and narcissistic features, attention deficit hyperactivity disorder, anxiety disorder, opioid dependence, anabolic steroid abuse, and migraine headaches.[58]On July 21, Seitz sentenced Minkow to five years in prison.

Get promotions.

This can mean one lender who promotes a 80% LTC loan product may actually require a higher cash contribution than a lender who promotes a 75% LTC loan product but finances 75% of the closing costs, interest reserve etc.

That means:🚫 No posting on social media🚫 No blasting your deal to an email list of strangers🚫 No promoting your syndication on a podcastThe SEC is clear: “No general solicitation or advertising to market the securities.”If you want to publicly advertise, you’d need to use Rule 506(c)—which requires investor verification and limits you to accredited investors only.🚨 Warning: If you advertise a 506(b) deal publicly, your entire offering could be invalidated, leading to legal consequences.2.

In most deals in which a buyer obtains ownership of a property with a small or no capital investment, they either paid significantly OVER market for the property, obtained ow worship of an asset with a load of potential liability, had a verifiable track record of success in similar deals and as a result was able to raise outside capital and receive a percentage of ownership (promote) for their work, or were actually utilizing personal credit capacity.  

Turnkeys USED to be fairly easy for flipping companies to offer at a price that cashflowed for investors.That was when prices were still recovering from the Great Real Estate Crash of 2008-2010.Now, prices in most areas of the country have set new record highs - and prices have increased faster than rents, making it much harder for a Turnkey Flipper to sell at a price an investor can cashflow.The only way it happens now is with Class C properties or new construction with builder-paid Temporary Mortgage Rate Buydowns.Most newbie investors are clueless about the realities of Class C Properties/Tenants, where the promoted returns are rarely actually met:(Several investors that bought new construction turnkey 3+ years ago have had their mortgage rates adjust upward, significantly increasing their payment, but rental rates have NOT kept pace - leading to negative cashflow:(So, PROCEED WITH CAUTION!

Under Article 1 of the NAR Code, REALTORS® must protect and promote the interests of their clients, and that includes full disclosure of any information that could materially affect the client’s position in a transaction.