Only the wealthy were able to access the real estate market in the past by investing a minimal amount of $50,000 to $100,000 at any one time. These were referred to as ‘country club’ models of purchasing, which only the elite could participate in via their social networks. The Jumpstart Our Business Startups Act (JOBS Act) of 2012 effectively lifted the ban on general solicitation that existed since 1933, opening the door for small companies and investors to directly ...
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