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Updated over 9 years ago, 07/13/2015
How can I pool investor money legally?
Hi Everyone -
I have been reading a bunch online trying to find a definitive answer to this question but haven't able to get complete clarity.
My question is regarding the legality of pooling investor (non-accredited) money for real estate. For example, a partner and I would handle the operational side, and the investors would receive a return based upon their contribution size.
Could anyone point me towards what regulations I need to be aware of for this setup? I have seen a lot of different answers so I am unsure.
Really appreciate any help!