Posting a "solicitation" on Facebook?

[Brian Sorensen]

Could you give me your feedback on these potential FB posts?

[b][u]Have an accepted contract on a 4-plex in Bremerton. Needs lots of work but numbers look good. Now discussing financing with potential private money partners. So far so good!

OR

[/b][/u]Have an accepted contract on a 4-plex in Bremerton. Needs lots of work but numbers look great! Now discussing financing with potential private money partners. Message me if you're interested.

First, are these SCC compliant to your understanding, and if so, which one is better?

Thank you!

[Ann Bellamy]

Originally posted by Brian Sorensen:

Now discussing financing with potential private money partners.

From a compliance perspective, neither one. The short answer is, you can look for lenders, but you can't look for "investors" or "partners".

It's more complicated than that, you can do a search on BP for SEC or securities and will find a bunch of information to get you started.