Private Lending Syndication SEC Rules

[Keritan Shelby]

I'm in search of an attorney that knows the SEC guidelines for pooling money together and using it for investing in SFH. I have a few friends who's interested in lending on our investments, but wants to pool money together in order to come up with the necessary funds.

Thanks in advance.

[Alina Trigub]

@Keritan Shelby

As others pointed out, unless you're planning to buy a portfolio of SFH's and substantial capital is needed, it doesn't make sense financially to syndicate.

You should be able to obtain help from a local RE attorney drafting a contract in a way that details the lending of money from your friends with the detailed terms disclosed in the contract.