Released on = March 23, 2007, 1:08 pm

Press Release Author = Kirk Winkler/ProMedia Strategies, LLC

Industry = Real Estate

Press Release Summary = Nationally-known real estate investor Alan Cowgill warns
other real estate pros to dot the i\'s and cross the t\'s when providing mandatory
disclosure statements to their private lenders.

Press Release Body = SPRINGFIELD, OH - When real estate investors borrow money from
private individuals, they need to be careful to follow all the rules-rules that are
there to protect their lenders. Perhaps most important, investors need to provide
their lenders with a detailed disclosure statement. That's the message delivered in
a recent article by Alan Cowgill, a nationally known real estate investor, trainer
and author.

Cowgill has built his career using private lenders to finance his projects. His
article explains that providing a disclosure statement is a legal requirement, but
it's also good business. Because all investments are risky, he tells investors that
the first thing they should give to a new private lender is the disclosure
statement.

"When you're offering private lenders an opportunity to work with you, you must be
sure to disclose the risks and rewards of the business," Cowgill said. "If a
private lender is not given sufficient information and suffers a loss, he may have a
claim against you and your business," he added. Cowgill's article lays out the key
points the Securities and Exchange Commission requires. In general, they are:

 The business of the company, including location of facilities, trends in
the industry, and the company's marketing strategy
 Key personnel and shareholders in the business
 Risk factors
 Specifically how the funds being solicited will be used
 Detailed financial statements such as balance sheets, statements of income
and cash flows, which may need to be audited or reviewed by a Certified Public
Accountant in certain circumstances

The article also recommends that investors avoid jargon and technical terms and
provide definitions for terms the private lender may not be familiar with.

"By giving your lender a discloser statement, you're showing your lender exactly
what's going on with their loan," Cowgill said. "You will have a meeting of the
minds and everything is on the table. Besides, it's required in every state."

Alan Cowgill is a speaker, author, and real estate entrepreneur. He is president of
Private Lending Made Easy and the founder of Integrity Home Buyers, Inc., a real
estate investment company in Springfield, Ohio. His blog appears regularly at
www.privatelendingmadeeasy.com.


Web Site = http://www.privatelendingmadeeasy.com

Contact Details = Contact:
Alan Cowgill, President
Telephone: 1-866-831-3540
Email: mkt@integrityhomebuyers.com