I want to start a legitimate fund that will allow me and my friends and family to put money together and invest it in real estate. How can i set that up. I want it to be on paper so noone has to worry about loosing their money.
2007-11-29 04:43:25 · 2 answers · asked by aguy 2 in Business & Finance ➔ Investing
Set up a LLC corporation, this is a limited liability corporation.
Contact your accountant regarding this is a very good way to start your real estate investment, and setting up can be done on-line and very affordable
2007-11-29 10:57:32 · answer #1 · answered by oragon_man2 2 · 0⤊ 0⤋
I would consult with a real estate lawyer & see if he/she can help you.
Having said that, I would never mix family, friends & investing. This sounds like a big headach, if not a disaster in the making.
2007-11-29 07:19:22 · answer #2 · answered by exactduke 7 · 0⤊ 0⤋