Borrowing private investor money

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Posted by RL Williams on November 10, 2009 at 04:25:53:
When using private investor money to procure real estate and you want to pay them a percentage return on their money rather than offer a percentage ownership or other means of compensation, do you need a special license like for securities and such? And is that state specific?

Follow Ups:

No lic required John Merchant 18:39:51 11/10/09 (1)

Re: No lic required RL Williams 21:24:33 11/10/09 (0)

Re: Borrowing private investor money Edwin 10:28:56 11/10/09 (1)

Re: Borrowing private investor money RL Williams 21:27:48 11/10/09 (0)

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