Account Set-up Questions
Why are investments limited to accredited investors?
Federal securities law requires that securities issued by private companies to their investors must be registered with the Securities and Exchange Commission (SEC) unless the offering qualifies for an exemption from registration.
One exemption from registration is available if the company offers securities only to accredited investors in a private placement offering.
What are accredited investor suitability requirements?
Accredited investors are defined by the SEC as (1) an individual who has earned at least $200,000 annually for the past two years and has a reasonable expectation of earning at least that amount this year; (2) a couple that has earned $300,000 annually for the past two years and has a reasonable expectation of earning at least that amount this year; or (3) an individual with a net worth of more than $1 million excluding the value of his/her primary residence.
I’m not an accredited investor but want to invest. How can I do so?
If you are interested in investing in passive real estate investments but are not an accredited investor yet, you can invest directly with Ignite Funding. Follow the link here to see if you meet Ignite Funding’s suitability requirements.
Can I invest if I am not a U.S. citizen?
THIS OFFERING IS ONLY OPEN TO U.S. INVESTORS WHO SATISFY THE DEFINITION OF AN “ACCREDITED INVESTOR” UNDER RULE 501 OF THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”).
Are investors charged a fee?
Investors are not charged a fee for membership or account creation. Connect Invest does collect a servicing fee of 2.5%.