Q: Is it legal for an llc to take invesment loans using a property for more money than the property is worth?
A:
Disclaimer: The materials provided below are informational and should not be relied upon as legal advice.
Your question is a bit unclear. Generally, receiving any "investment" money would be restricted by the federal securities laws and the state blue sky laws. Furthermore, the borrower should be truthful as to the value of any collateral used for obtaining secured loans. I suggest you retain your own attorney and discuss the facts of the matter in detail with your attorney.
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