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Updated almost 5 years ago, 01/31/2020

User Stats

7
Posts
6
Votes
Michael B.
  • Investor
  • Jackson, NJ
6
Votes |
7
Posts

What can and can't I say about private money

Michael B.
  • Investor
  • Jackson, NJ
Posted

As I build out my new site and write copy for blogs and video descriptions I keep thinking... How can I let potential private lenders know what I'm up to and how great lending with us can be; legally. I Know it varies from state to state, and I know its best to speak with an attorney. And i will. I also would love to hear from the BP community. 

Im currently working with interest only private lenders. Im not offering equity or working with more than one lender per deal.

I've done a few fix and flips and plan to have my first ten doors with partners by october 2020

I know things change once I offer a piece of equity or start pooling multiple investors.

I also know that responses on here are not financial or legal advise. I'm looking for your opinions based on your experience, nothing more. My hope is that this discussion will give me and others here a basic point of reference to form quality questions from when I sit with my attorney. Oh and to keep me from getting myself in trouble by saying the wrong thing in the mean time as I plow through content and create web and marketing material.

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