Rules for Seeking Private Loans?

[Daniel Dietz]

I have been reading up on the whole 'Private Money' side of RE Investing and seem to get conflicting information. I am thinking in terms of future deals, not my current one, and want to have the homework done ahead of time.

My first question is if there are any good books or other resources out there any of you would recommend that give a thorough overview compared to the more brief coverage here?

My understanding so far is that I can NOT do 'general advertising' of "Do you want to invest for great returns' etc......

I am thinking along the lines of either talking to people I know, or sending letters to some of them explaining things. What I am wondering is what can I show these people in print to explain what I am doing and why they might want to be involved and what's in it for them.

A few I might talk to about "Partnering" but most I would be talking about them "Lending" to either myself, or the LLC that my SDIRA is in.

Thanks for any advice,

Dan Dietz