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Updated almost 6 years ago on . Most recent reply

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39
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19
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Anthony Polcyn
  • Investor
  • Jackson, OH
19
Votes |
39
Posts

How do I correctly advertise for funds

Anthony Polcyn
  • Investor
  • Jackson, OH
Posted

 I have a free and clear rental property with a good timely paying tenant for the last 2 to 3 years. I am looking to borrow funds against this property while staying under a 70% loan to value. I want to offer a 10% return backed by the property. I would have all details worked out with an attorney. Conservatively and property is worth 120 K. Zillow estimates are 160. How can I advertise this property without violating any laws?  Any help would be appreciated. 

  • Anthony Polcyn
  • Most Popular Reply

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    55
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    83
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    Mauricio Rauld
    • Syndication Attorney in Newport Beach, CA
    83
    Votes |
    55
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    Mauricio Rauld
    • Syndication Attorney in Newport Beach, CA
    Replied

    If you do just one note and secure it with the property, you may be ok.  Or there are other ways to structure so you stay out of the securities world.  But def tread lightly.  If you are getting more than one investor, then if they are not doing any of the work, then it will be considered a security.

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