One frequently asked question we receive from investors who have experienced how quickly our syndications reach completion is:
"How Can I Prepare to Invest with You In Advance of a Syndication?"
Well, here's the cheat sheet for you . . . these are steps you can take well in advance of learning about an investment opportunity and will help you when it comes time to subscribe:- Solidify how you will take title in the investment (i.e., legal name under which you will invest) by consulting with your CPA, attorney, or Financial Advisor. They will help you ensure that the title you choose takes your specific tax, estate planning, and financial planning needs into account. (Needs change over time, so it is wise to reassess as your situation changes.)
- Collect the fully executed legal documents you will need to provide when you subscribe that identify both signing authority and equity ownership. This particularly applies to legal entities (e.g., LLCs, trusts, etc.) and retirement plans. (If documents we have on file for you have been amended or updated, collect those to provide instead).
- Know how you file taxes for the way you are investing. A different way to ask this question is, "What tax return of yours will include our K-1 data?" Your tax advisor is who can help you answer this question.
- Collect ACH instructions for the US bank account where we'll send your distributions. ACHs are different from wires, so it's important to talk with your bank to ensure you have the correct instructions.
- For existing investors planning to invest with the same title, review the Investor Portal and update data and/or provide us with legal documents if amendments have been made.
Once we notify you about an upcoming investment opportunity, take these next steps to get ahead:- If we identify that the syndication will be a 506(c) offering, which requires that all investors be accredited, you can work in advance to obtain a Third-Party Verification Letter (instructions & template below) from a qualified individual as defined on the template provided. Using our template will shortcut the process for you. (See the "Getting Started Guide" for when this step can be skipped).
- Prior to submitting subscription paperwork, ensure funds for the investment are cleared & in the account from which you'll wire to us.
Subscription acceptance requires fully complete & accurate paperwork and a wire for the full subscription amount.
Offerings are filled on a first-come, first-served basis and reach completion quickly.