I’m am pulling together my private $ program. Can someone outline the SEC rules around advertising for, and using private $ for my property purchases? Thanks, Juliet
Alan Cowgill has a great program that explains this very well
You have to provide a prospectus and avoid certain terms if you solicit from the public. If you fail to follow the rules, you become personally liable for any investor losses. Alan Cowgill got into some problems with the SEC a few years ago and modified his program accordingly.