Individuals and Spouses can become an Accredited Investor if:
Net Worth is over $1 million, excluding primary residence – can be individually or with a spouse.
Documentation requirements are listed below.
Income over $200,000 (individually) or $300,000 (with spouse or partner) in each of the prior
two years, and reasonably expect the same for the current year.
Provide a letter dated within the last 90 days from a third-party licensed Attorney, a CPA or an
SEC-registered investment adviser, or Broker-Dealer certifying that you are accredited. Capital
Fundings can provide this template if you need.
Type of Asset
Required Documentation
Notes
Type of Asset
Real Estate (NOT Primary
Residence)
Required Documentation
Provide deed, or Property Assessor records to prove ownership. Provide appraisal or Broker Price Opinion letter. Tax Assessor values can be used but typically are much lower than market value.
Notes
Liabilities on the Real Estate must be included. Reliable computer valuation reports, such as Zillow Zestimate may be used.
Type of Asset
Bank Accounts,
CD’s, Brokerage
and Security
Accounts
Required Documentation
Provide the latest statement of letter from the financial institution indicating the value of the accounts. Statement must show the Investors name.
Notes
You may redact social security numbers, account numbers and individual positions. The total Assets should be sufficient.
Type of Asset
Annuities and
Insurance
Required Documentation
Provide the latest statement or a letter from the financial institution indicating the cash value of the policy.
Type of Asset
Vehicles (auto, yachts, etc)
Required Documentation
Provide the vehicle title identifying the vehicle and owner. Provide a valuation from a valuation professional. Standard pricing manuals such as Kelley Blue Book may be used.
Type of Asset
Personal
Property
Required Documentation
Provide evidence of ownership as best as possible and objective third party valuation of the property.
Notes
This is the most difficult asset to verify and apply. Reviewers may not accept private property if they cannot confirm ownership or value.
ENTITIES
An Entity is considered and Accredited Investor if:
All members of the entity must be accredited.
Entity has $5,000,000 in assets not raised for the purpose of acquiring accreditation status.
LICENSEES
As of 2022 you can become an Accredited Investor if you hold any of the following Securities licenses and are in good standing:
Series 7 – General Securities Representative
Series 82 – Private Securities Offerings Representative
This 4 bedroom, 2 bathroom, pool home required a renovation of all major components. A $50K renovation resulted in a $470K sales price in just under 9 months.
LOAN AMOUNT
$270,000
INTEREST RATE
10.8%
LTV
67.5%
LOAN TERM
12 months
LOCATION
Winter Park, FL
SALES PRICE
$470,000
PROPERTY
A longer total makeover project turned into a beautiful top notch renovation. Even with the longer than normal length of the project the loan to sales price was under 60%
LOAN AMOUNT
$237,600
INTEREST RATE
10.5%
LTV
67.9%
LOAN TERM
18 months
LOCATION
ORLANDO, FL
SALES PRICE
$399,000
PROPERTY
This manufactured home only required a light pain and carpet renovation of $8K. The renovation brought a $143K sales price.
LOAN AMOUNT
$84,000
INTEREST RATE
9.75%
LTV
60.4%
LOAN TERM
12 months
LOCATION
WINTER HAVEN, FL
SALES PRICE
$142,500
PROPERTY
This Ocala, FL ranch home required a full interior update of $30K. A 3 month project brought approximately $40K profit for the borrower.
LOAN AMOUNT
$92,100
INTEREST RATE
11.0%
LTV
61.4%
LOAN TERM
12 Months
LOCATION
OCALA, FL
SALES PRICE
$193,900
PROPERTY
This newer built 4 bedroom, 2 bathroom beach town home required a moderate $40K renovation. Improvements created a $405K sales price in just 2 months.
LOAN AMOUNT
$232,000
INTEREST RATE
10.0%
LTV
58.0%
LOAN TERM
12 months
LOCATION
Merritt Island, FL
SALES PRICE
$405,000
PROPERTY
Newer built 3 bedroom, 2 bathroom house. The renovation included a full interior and exterior update. A $40K renovation resulted in a $375K sales price and $50K in profits in just under 3 months start to closing.
LOAN AMOUNT
$212,500
INTEREST RATE
10.0%
LTV
62.5%
LOAN TERM
12 months
LOCATION
OCOEE, FL
SALES PRICE
$374,900
PROPERTY
This Winter Park pool home needed a $65K rehab to bring a $589K sales price
LOAN AMOUNT
$327,000
INTEREST RATE
10.5%
LTV
65.4%
LOAN TERM
12 months
LOCATION
WINTER PARK, FL
SALES PRICE
$589,000
PROPERTY
A multi-family project in the heart of St. Petersburg, FL. A cosmetic renovation created over a $100K profit in under 7 months.
