Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Pooling private money for investing
Hello! I am planning to open a bank account to be used for the sole purpose of pooling money from other investors. Has anyone done this that can point me in the right direction? I do not want to open a joint bank account, since it will probably be for several people to deposit money into. Any advice on how to do this, as well as what banks or types of accounts to use, legal ramifications, etc. would be greatly appreciated!