Private Money Blueprint

[Toni D.]

There is a 3 day event presented by Susan covering Private Money Blueprint & wondering if any BP have attended any of her workshop. If yes, did you find the list of private lenders specifically for your state helpful.
Does anyone have any sugggestions for CA private money? I want to be sure that I am SEC compliant in CA.
Thank you!

[Ryan ODonnell]

It's an ok program for people with no clue where to start. The program can encourage you and give you some helpful ideas, but it's not something you should pay $800 for. Nothing can replace good old networking, reading (free), and experience.
I've pulled over 200 private mortgagee's from the county records. 50% of them are not actually private people. Of those, 50% were family lending to family. So you still have a long way to go to try to build a relationship with them because they may have no motivation to be a "lender". Personally, I think you should use your head, but don't let the SEC stuff scare you. You realize someone has to turn you in or sue you for you to get in trouble? If you're smart and building relationships the way you should, and doing what you say your going to do, then you should be fine. (that's going to be a very controversial statement)
I would put the $800 toward some good attorney time and getting your disclosures in order (more like 13k).