Posted by Clint Coons on October 25, 2003 at 11:18:00:
I recommend that you use an LLC managed by a corporation. Now the more important issues are the legal implications of borrowing money from multiple investors. The deals must be strucuted as to not violated blue sky laws or federal security issues. I have a client who ended up on the wrong side of the law in a similiar situation because he failed to structure his loans and investments appropiately.
Very truly yours,
Anderson Law Group, PLLC