REI Wealth issue 56 Digital - Ladies Who Rock REI | Page 66

Do I Qualify to Be an Investor ?
You do not have to be an accredited investor to invest with Ignite Funding . Ignite Funding is licensed with the Mortgage Lending Division of Nevada , which requires investors to meet the following suitability requirements ; the investor ’ s household net worth is more than $ 250,000 , excluding their primary residence ; and / or their household net annual income was more than $ 70,000 for the previous two years with the expectation they will continue to earn that income .
How Are the Projects Funded ?
Companies like ours ( Ignite Funding ) use a type of “ crowdfunding ” method to aggregate capital from multiple smaller investors and pool the investor ’ s capital to directly fund real estate projects . This allows Ignite Funding to implement a minimum of $ 10,000 to invest on a single loan . The loans are also short term , ranging from 6 to 18 months in duration . During that time , you are earning a monthly fixed income of 10 % to 12 % annualized interest .
What ’ s the Risk ?
Depending on which company you invest with and the structure of the investment , the risk you take on as an investor can be crucial to your capital investment . For example , if the borrower defaults on the loan , the servicer could pass the loss directly to you as an investor . At Ignite Funding , that is NOT the case . Ignite Funding will work on the behalf of the investor with the borrower to resolve any default
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I ’ m Ready to Invest , How Do I Become an Investor ?
The first step to make real estate investing a reality is by contacting one of our Investment Representatives . Our expert staff will fill you in on our investment options , the type of projects our borrowers need financing for , on our rigorous underwriting standards , and how we mitigate risk . Our Investment Representatives can be contacted via phone , email or in person at our office .
The next step is to fill out an application online to create your free account . Without an account to facilitate transactions and paperwork , you cannot make any investments . After your account application is submitted , our Loan Processing Department will ensure all required paperwork is completed . Lastly , you will be provided with the information necessary to make a confident decision about which one of our many available investment projects best suits you .
Now that you have decided which project to invest in , you ' re probably thinking , " When will I start to see a return on my investment and how often will I receive payments ?” You start accruing interest on your investment the day the loan is funded . Interest payments are paid in the arrears and disbursed
66 directly to you on the 15th of each month . Once the loan is paid off , your capital is returned to you . It ' s common to see an annual double digit return on your investment .
For investors who want control over their own real estate portfolio , Trust Deeds are a great option . Investors can browse and pick individual opportunities based on location ( including across state lines ), project type , risk and return profiles . They can manage and track investments through an online client portal on the Ignite Funding website , automate incoming or monthly income and access investment financial records .
For more information about Trust Deed investments or if you wish to schedule a FREE consultation with an Investment Representative , please click here .
Ignite Funding , LLC | 2140 E . Pebble Road , Suite 160 , Las Vegas , NV 89123 | P 702.739.9053 | T 877.739.9094 | F 702.922.6700 | NVMBL # 311 | AZ CMB­0932150 | Money invested through a mortgage broker is not guaranteed to earn any interest and is not insured . Prior to investing , investors must be provided applicable disclosure documents .