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If possible I am looking for my legal position to make sure I am legal.
What are the implications if a fixed group of people give me money to invest in property with a fixed rate of return?
If the group is variable?
If friends have agreed to invest without me selling the idea?
If I talk to people and offer them the opportunity that they can give me money to invest in property and after a fixed period would be paid 10% on their money.
Hi what I am looking to do is the simplest and cheapest way of borrowing other peoples money to invest in property, giving them a fixed rate of return - what would you suggest that doesn't tie me up in bureaucratic red tape?
if you wish to discuss this on the phone 07711 446221.