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Updated almost 7 years ago on . Most recent reply

User Stats

13
Posts
13
Votes
Alex Cons
  • Specialist
  • Prince George, British Columbia
13
Votes |
13
Posts

Syndicating & raising money in Canada, is it legal?

Alex Cons
  • Specialist
  • Prince George, British Columbia
Posted
I have been looking at real estate crowdfunding websites in Canada and it seems like they all require accredited investors (over $1m net worth, $200k+ income a year). My question is if I would be setting up a syndication in Canada, and I plan on raising money from people who are not accredited investors, who would I be able to legally accept money from? Friends and family? People in my network (acquaintances)? Friends of friends?

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