6 Steps to your Crowdfunding Investment
6 Steps to your Crowdfunding Investment
Once you click on the “Invest Now” button you are directly connected with the 3rd party escrow platform. We provide you with an escrow “crowd-direct” offerings platform, that enables compliance with regulations. Below are easy to complete forms with an explanation of the 6 Steps to your Crowdfunding Investment.
Step #1- Enter the name of person filling out the form and email address.
How you would like to invest. The options are: a Company (Corporation, LLC, ect.), a Trust, an individual or individuals or a Self-Directed IRA or 401(k).
The amount you would like to invest, between $1000 and $10,000. Then select the number of shares (1 share = $1,000).
How will you be sending the funds for this investment? The options are: ACH (Electronic Check)- *US Bank Account only. Also, you can mail us a check or send Wire Transfer. If Paying by ACH (Electronic Check)- you will need the Bank Account Name, Account Number and Routing Number.
If you have a financial advisor and they are assisting you or is filling out these forms on behalf of the investor, please check the box. You can then enter in there information including there name and email address.
6 Steps to your Crowdfunding Investment
Step #2– Enter in the vitals including; Investor or Individual name, complete address information, email, phone number, social security number and date of birth.
6 Steps to your Crowdfunding Investment
Step #3– This information is needed for us to comply with SEC and state securities regulations. We ask the following questions to determine if the amount you may invest is limited by law.
Are you an “accredited” investor (meaning do you earn over $200,000 per year, have a net worth of $1m or more, or are an institutional investor)? Select Yes or no.
By selecting “No”- As you are not an “accredited investor” the law limits the total amount you can invest based on your annual income and your net worth. Please provide these so that we may determine if the amount you wish to invest is within these limitations.
Selecting “Yes”- you are saying that “I qualify as an accredited investor” and further qualifications are needed as follows:I have an individual net worth, or joint net worth with my spouse, that exceeds $1 million including any IRA’s, 401K’s and other retirement accounts, but excluding the net value of my primary residence. I am an individual with income of over $200,000 in each of the last two years, or joint income with my spouse exceeding $300,000 in those years, and I reasonably expect at least the same this year.
Substitute Form W-9 Statement- Select one of the following: I am a US citizen, US resident, or other US person. I am not a US citizen, US resident, or other US person.
Select the one of following: : I am exempt from backup withholding. or I am subject to backup withholding. (Only check this option if you’ve been notified by the IRS that you are subject to backup withholding.)
6 Steps to your Crowdfunding Investment
Step#4- Subscription Agreement,- Review, electronic sign and Print for your records.
6 Steps to your Crowdfunding Investment
Step 5- The final step is our acceptance, verification, as well as our request for addition documentation as part of the subscription agreement. We will send you an acceptance email to confirm the escrow account and shares are secured. Then we will need to request documents as specific to subscription agreement. The documents needed will included, but not limited to: Photo Copy of Arizona Drivers Licence and Social Security card, singed addendum provided by us. All Submissions are pending final conformation.
6 Steps to your Crowdfunding Investment
Step 6– Final Conformation!- All Documents have been confirmed and in escrow now held with our 3rd party escrow platform. The escrow platform will hold the investment there until the crowdfunding period is closed and the project is funded.
Until recently, real estate investment was the realm of moguls and millionaires. Today, new Arizona statutes have opened real estate to crowdfunding (CLICK HERE) to see what the AZ status say. Now, you can be a part of Arizona’s growth, even if you only have $1000 to invest.
We believe in building long-term relationships. We’ve won the trust of key investors throughout Arizona, and we’re ready to win yours too, but you don’t have to take our word for it, (Click to here our testimonials). If you still have questions or would like to learn more, (Click here to visit our News / Blog page) or submit your contact information the bottom of the website https://www.PhixNPhlip.com .
To know more about who we are, we encourage you to visit our AZ RE Investment Crowdfunding Team blog.
This blog should be used for informational purposes only. This blog should not be construed as legal , real estate or financial advice. If you need legal advice regarding Crowdfunding Laws, or any other litigation matters, contact an attorney in your area.
6 Steps to your Crowdfunding Investment
