I am a partner in a small real estate investing company. We will complete 6 flips this calendar year. Since starting and advertising our projects, I have been approached by several people looking to invest in our projects. Since, I have started looking into crowd funding. If i choose to start accepting investors into our projects, what do I need to do to cover myself and my company from a legal stand point?
Would it be as simple as a secondary lien and promissory note?
Any advice would be appreciated. This would be a great driver for our business. Just want to do it right.