by Syndication Attorneys PLLC | Jul 26, 2023
For development projects (or possible development projects), we recommend using 3 LLCs as follows: A single-purpose venture/title-holding entity (SPV) — This LLC will hold title to the property and will become the borrower for any subsequent construction loan, A...
by Syndication Attorneys PLLC | Jun 22, 2023
There are no restrictions on accepting IRA funds for purchasing directly owned real estate, allowing you to raise up to 100% of your funds from pension funds. However, if you invest in non-real estate assets or securities in others’ real estate offerings where...
by Syndication Attorneys PLLC | May 8, 2023
The minimum is the absolute minimum amount a syndicator can raise from investors and still be able to close, meaning you are not collecting an acquisition fee or getting reimbursed for pre-closing expenses, and may not have all the capital improvement budget raised...
by Syndication Attorneys PLLC | Feb 22, 2023
Question: Can an investor that invested with us before in a Rule 506 Offering complete a re-affirmation letter in lieu of getting re-verified as an accredited investor if they want to invest in our current Rule 506(c) Offering? Answer: Investors can sign a...
by Syndication Attorneys PLLC | Jan 23, 2023
Yes, you can – but you will have to stop raising money for the 506(b) offering for at least 30 days before you can start raising money for the 506(c) offering. This is going to be a problem if you are raising money for a specific property that closes within 90...
by Syndication Attorneys PLLC | Jan 23, 2023
Want to invest in a Rule 506(c) offering? Here is what you must do: In order to claim the Rule 506(c) exemption, the issuer of the securities you want to purchase must be able to demonstrate they took “reasonable steps” to ensure that all investors are...
