Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Personal Finance
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 5 years ago on . Most recent reply

User Stats

39
Posts
19
Votes
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

    User Stats

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

    Loading replies...