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Updated over 6 years ago on . Most recent reply

Zander Kempf's profile image
Zander Kempf's profile image
Zander Kempf
  • Developer
  • from Honolulu, HI
  • Member since May 1, 2018
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110
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Zander Kempf's profile image
Zander Kempf's profile image
Zander Kempf
  • Developer
  • from Honolulu, HI
  • Member since May 1, 2018
Connect
Zander Kempf
  • Developer
  • Honolulu, HI
92
Votes |
110
Posts
Starting Out

How to legally borrow and invest friends and family money

Zander Kempf
  • Developer
  • Honolulu, HI
Posted

I have purchased a couple of properties and am running low on cash. I have some friends and family that are willing to invest with me. What is the best way to borrow and invest their money while keeping myself protected and without violating and securities laws? 

I spoke with a lawyer who quoted me at $5,000 to create legal documents for this sort of transaction. Is there a cheaper way to do it?

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