b'When Do I Need to Hire Them?You should hire your commercial real estate transaction attorney when you get an accepted letter of intent. They can help you draft a purchase agreementwiththeappropriatetermsrelatedtoyourpurchaseofthe property. Once you have a signed purchase agreement, you should hire your corporate securities attorney to help you structure your companies and draft the appropriate offering documents.Beware of hiring either type of attorney too soon. Some may be happy to take your retainer and start incurring fees and setting up companies, even if you are pursuing deals that never happen. This is an unnecessary expense, as you dont need to set up your corporate structure for a syndicate or fund until you are ready to start raising capital. One exception to this is setting up a branded entity. A branded entity is a company that you can put on our business card, create a website to act as your storefront (i.e., to establish credibility with sellers, brokers, lenders and investors), and use to make offers on properties. You wont use this companytoactuallypurchaseproperty,butitcanrepresentyouinthe corporate structure of your syndicate or fund (more on that in the structuring paragraph), and in promoting your business to prospective investors before you have deals to offer. Syndication Attorneys, PLLC offers a pre-syndication retainer for a nominal fee that can give you access to us when you need us, and get you invited to our weekly Clients-Only Masterminds, where we can help gain a deeper understanding of securities compliance and you can network with 24'