Canadian Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago, 04/19/2018
Syndicating & raising money in Canada, is it legal?
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?