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	<title>Comments on: Could this business idea succeed and is it legal?</title>
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		<title>By: PiggiePants</title>
		<link>http://companyretreat.com/could-this-business-idea-succeed-and-is-it-legal/479/comment-page-1/#comment-942</link>
		<dc:creator>PiggiePants</dc:creator>
		<pubDate>Tue, 06 Apr 2010 07:46:58 +0000</pubDate>
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		<description>An investor&#039;s club targetting the poor?  Hmmm....

big problem in your first statement: Assuming the house will appreciate that much is a BIG assumption, and would take many years for that kind of equity to accrue.   Plus, an &#039;investor&quot; wouldn&#039;t be able to access their profits of $500 unless a &quot;majority&quot; of 5,000 of them agree to a sale???  Yikes.

Good luck with that.</description>
		<content:encoded><![CDATA[<p>An investor&#8217;s club targetting the poor?  Hmmm&#8230;.</p>
<p>big problem in your first statement: Assuming the house will appreciate that much is a BIG assumption, and would take many years for that kind of equity to accrue.   Plus, an &#8216;investor&#8221; wouldn&#8217;t be able to access their profits of $500 unless a &#8220;majority&#8221; of 5,000 of them agree to a sale???  Yikes.</p>
<p>Good luck with that.</p>
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