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Updated over 2 years ago on . Most recent reply

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Eric Hempler
  • Accountant
  • Apple Valley, MN
10
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Pooling Private Funds for investing - what rates to offer?

Eric Hempler
  • Accountant
  • Apple Valley, MN
Posted

I decided to pool funds from individuals to start investing in real estate. 

What interest rates might I want to offer to my investors? Any guidelines I might want to use/ 

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Taylor L.
  • Rental Property Investor
  • RVA
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Taylor L.
  • Rental Property Investor
  • RVA
Replied

First focus on getting the legal structures in place. It's not as simple as just starting an LLC, making an OA, and getting a bank account. Make sure you talk with securities attorneys who can help you do this in a compliant manner.

Search the Fund of Funds model on BP and Google. Lots of information out there on how to get started.

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