Can an owner list a property owned by their LLC?

Yes. If a property owner wants to use an LLC to list a property, they can do so by listing the LLC on the property's title. What are the tax implications of switching ownership of my property from me to my LLC? According to the IRS: A Limited Liability Company [more]

By |2021-08-20T14:32:43-04:00May 5, 2021|Comments Off on Can an owner list a property owned by their LLC?

What does one share of the investment represent?

Each share represents $1 of investment. Let's say the house is worth $200,000 and the owner wants $40,000 for 20%. A special purpose vehicle (SPV) is created that owns the contract with the right to 20% of the future value of the property. Each share in the SPV is [more]

By |2021-04-04T15:51:48-04:00April 1, 2021|Comments Off on What does one share of the investment represent?

Is there an application fee?

Yes, there is a non-refundable $250 application fee that covers the cost of setting up an escrow account. This fee will be credited toward the remaining fees due when the funding round closes.

By |2021-06-24T09:42:28-04:00April 1, 2021|Comments Off on Is there an application fee?

How do I set the term of my offering for the investor(s)?

Invown will provide some tools and calculators that can be used to help you set terms and understand how attractive the terms may be to investors. Ultimately the terms of the offering are entirely up to you.

By |2021-04-01T10:43:58-04:00April 1, 2021|Comments Off on How do I set the term of my offering for the investor(s)?

Do owners have to file anything with the SEC?

Yes, the key innovation of the crowdfunding approach to receive financing from your home equity is that you are issuing securities to investors against the equity you own in your home. To do this you will need to register with the Securities and Exchange Commission, as an issuer of [more]

By |2021-04-01T10:21:03-04:00April 1, 2021|Comments Off on Do owners have to file anything with the SEC?

Is the investment a loan?

Technically, when owners take investor money, they obligate themselves to pay investors back whenever there is a financing event or the owner decides to repurchase the option from investors. Owners repurchase the option from investors out of the proceeds of the value of the home when owners either sell [more]

By |2021-05-06T18:23:44-04:00April 1, 2021|Comments Off on Is the investment a loan?