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Updated about 1 year ago,
review Joint investment documents
Hello team, I am working with a syndicate proposal. In a nutshell, a property is purchased (30% equity and the rest is loan) for renovation under an LLC. Now a new LLC is formed to seek investments on 30% equity. The initial LLC owner is the manager and also one of the investor. For example, the total equity available is 340K. The manager invests 60K and the rest is available for other investors. I am supposed to be one of the investor and I need to review the legal documents to sign and contribute to this proposal.
I am new to this kind of investments and/or to these legal documents. Can some one provide me a professional lead to review these documents and provide recommendation?