Using OPM to grow in real estate
Hello, I am thinking about starting my first RE syndication. I plan on raising money from at least two dozen family and friends spread out all over the U.S. I was considering the 506(b) to do this. (Sky notice filing fee would be pricy) I only plan to raise maybe $150k to $250k the first go around to get the syndication process down. Is the 506(b) the best way of doing this or do you recommend another way? Over the years I've had several family and friends want to invest with me but I've been unsure what SEC friendly vehicle I could use. Tia!