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Can You Get Rich Quick with "Other Peoples Money" ?

The Canadian Real Estate Investor

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GP Limited Partnerships - Taxed Personally?

In order to issue securities, you'll also need to be offering a memorandum or an OM as well as an EMD. The cost of this on a per deal basis is pretty high and it's a sunk cost. Some of the bigger fundraising groups have their own EMD rather than using a third party. Gray Brook closes $21 million equity financing for residential development in partnership with two developers.

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