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Updated over 3 years ago on . Most recent reply

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Patrick Philip
  • Florida
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Any crowdfunding sites do debt financing for condo complexes?

Patrick Philip
  • Florida
Posted

I don't have a lot of experience with crowdfunding platforms. The one time I talked to one, I was told they don't deal with new development of condominium complexes (either debt or equity). Anyone know if this can work?

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Bryan Hancock#4 Off Topic Contributor
  • Investor
  • Round Rock, TX
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Bryan Hancock#4 Off Topic Contributor
  • Investor
  • Round Rock, TX
Replied

You can syndicate any security provided you make the necessary disclosures and follow the law.  There is no good reason you can’t syndicate payment dependent notes or other debt instruments.

Talk to a securities attorney.

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