The basics — how much, what kind, and when.
Target raise amount
Under $1M
Friends & family, angels
$1M – $5M
Seed round or first CRE syndication
$5M – $10M
Series A or mid-size syndication
Over $10M
Later stage or large syndication
Instrument type
Priced equity
LLC units or preferred stock
SAFE or note
SAFE, convertible note, revenue share
Debt
Straight debt or mezz
Not sure yet
Still figuring out the structure
Timeline
Raising now
Already in active conversations
In 1–3 months
Preparing materials now
In 3–6 months
Early planning stages
Exploring
Just learning the ropes