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Updated almost 5 years ago on . Most recent reply

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Joanne Eriaku
  • Realtor
  • New York
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who is good at SEC Compliance and Private Money Borrowing?

Joanne Eriaku
  • Realtor
  • New York
Posted

Can Anyone please give me advise on the most compliant way to work with Private Money lenders and not break any  SEC laws? it feels like a landmine to navigate. How are you doing it?

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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
Replied
Originally posted by @Joanne Eriaku:

Can Anyone please give me advise on the most compliant way to work with Private Money lenders and not break any  SEC laws? it feels like a landmine to navigate. How are you doing it?

If you are doing one investor per house you can give them a note and deed of trust. The best thing to do is discuss what you want to do with your real estate attorney who will be doing your closings. They will advise you and will be the ones to draft all the documents. 

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