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Updated over 5 years ago,

Ray Li's profile image
Ray Li's profile image
Ray Li
  • from Sunnyvale, California
  • Member since Nov 7, 2016
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63
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Ray Li's profile image
Ray Li's profile image
Ray Li
  • from Sunnyvale, California
  • Member since Nov 7, 2016
Connect
Ray Li
  • Sunnyvale, CA
5
Votes |
63
Posts
Multi-Family and Apartment Investing

Does 506b need a security lawyer?

Ray Li
  • Sunnyvale, CA
Posted

I'm considering raising funds from a group of friends and families to purchase a small multifamily property. Since I personally know all the investors, it should be a 506b I assume. In this case do I need a licensed security lawyer to help prepare the necessary documents? Or can I just get a real estate lawyer to form a LLC and prepare the membership docs?

thanks

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