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Private Lending & Conventional Mortgage Advice

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Sam Erickson
  • Real Estate Broker
  • Milwaukee, WI
129
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338
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Concerned about Securities Law when seeking Private Money?

Sam Erickson
  • Real Estate Broker
  • Milwaukee, WI
Posted Sep 23 2015, 05:20

I'm looking to grow my business and start implementing private lending. Up until this point I have flipped with my own funds or with partners.

I have a few leads on possible private money guys.  I have created a .pdf file introducing myself, how we analyse deals, past success stories, etc.  

I guess my main question is should I be concerned about securities law when seeking private money? For example I know the big thing with securities is solicitation, which is what I would be doing.  I'm I right in my thought process though that I'm looking for a loan and am not trying to sell the investor anything like you are when selling securities?

If anyone has experience with this I would love the input.  Would also love to here how you pitched your private lenders to get on board.

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