Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Tax Liens & Mortgage Notes
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

3
Posts
2
Votes
Bruce Foley
2
Votes |
3
Posts

Note Business Name Constraints

Bruce Foley
Posted

I was listening to a number of Chris Seveney "Good Deeds Note Investing" podcasts discussing the need to create domains and entities.  The discussion involved lessening the ability for a future borrower to contact the note buyer directly instead of through the servicer.  The other issue is inadvertently using business words reserved for licensed investment firms, banking firms, etc. 

I'm currently in the process of establishing a note business LLC and have come up with a name that involves the words "investing" or "investments." Does the choice of either name a flag for SEC or professional organizations to get excited about?

For context, I come from an engineering background that is very sensitive to business names implying professional engineering with none on staff.  This profession, as many do, strive to protect the public and to preserve practitioners from unlicensed entities.

Any advice would be greatly appreciated.

Bruce Foley

Most Popular Reply

User Stats

3
Posts
2
Votes
Bruce Foley
2
Votes |
3
Posts
Bruce Foley
Replied

I thank you all for your timely responses. Bigger Pockets once again comes through with folks who care. Special thanks goes to Chris and Jamie for contributing a vast library of podcasts with quite valuable insight.  Chris's link to the article is spot on and exactly what I was hoping for.

I look forward to time well spent in Bigger Pockets and with those who contribute to the greater good.  It appears that integrity lives here and why I'm drawn as well.

Bruce Foley

Loading replies...