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How does IRAvest work?
IRAvest is an online marketplace for Borrowers and Investors. Borrowers "Propose an Investment" and Investors "Make an Investment". Borrowers upload all the information necessary for their transaction. Investors "reserve" the entire investment or a fractional piece of the investment if they so desire and the investment allows it. In order for an investor to reserve an investment they must have an active self-directed IRA account with one of our t third party affiliated custodians/administrators.
I don't see my Custodian/Administrator, can I still work with IRAvest?
Yes. You simply must have any Self-Directed IRA to work with IRAvest.
How do I reserve an investment?
Reserving an investment is easy. Once you have done your due diligence on an investment the next step is to click on "IRAvest Now". "IRAvest Now" takes you to a web page that allows you to reserve a $ amount for a particular investment. As long as you have enough money in your account you will be able to make the reservation. We would like you to keep at least 10% of your total account value in cash in your account just in case you need a cash infusion for one of your investments.
What happens after an investment has been funded?
Once an investment has been fully funded you will be contacted by the Sponsoring Broker directly within 24 hours. Additional paper work will be sent to you for signing. Once the paperwork has been signed and sent to your Custodian/Administrator, your Custodian/Administrator will check the documents, sign the paper work and wire the money. All of the above will be approved by you.
Do I have to be an accredited investor to invest?
Yes! In order to invest with IRAvest you need to be an accredited investor. Please see the requirements here.
How do I submit an investment?
Please click on "Propose an Investment" and fill out all the information you can about your particular investment. In addition, upload as much additional documentation as you can.
When will I know my investment is accepted?
We will notify you within 48 hours whether your investment will be accepted.
What is a fractional investment?
When you reserve an investment within IRAvest you reserve the entire investment or a piece of the investment. The system automatically adjusts. For example, if you have an investment of $100,000 the minimum investment is $10,000. If someone reserves $60,000 of the investment the minimum adjusts to $4,444.
Why can't I invest in opportunities in states other than where I reside?
Due to securities regulations, IRAvest is not permitted to offer its Accredited Investors opportunities that are outside of their state of residence.
What is a Sponsor?
An Iravest Sponsor is the licensed regional Broker who reviews our opportunities for a particular geographic area or specific expertise. For example the State of Oregon might be handled by one Sponsor but the State of Texas might be handled by three different Sponsors. In some geographic locations some Sponsors may only review multi-family not industrial or residential so we would have another Sponsor for the same location.
How do I become a Sponsor?
To become a Sponsor you must be a licensed Broker with a license in good standing. Most Sponsors have been in the business over 5 years, transacted over 150 deals and belong to most or all of their States Real Estate organizations. If you would like to inquire about being a Sponsor please email info@iravest.com
What is a Presenting Broker?
A presenting Broker brings a deal to the Sponsor Broker. The Sponsor Broker reviews the Presenting Broker's deal to see if it is suitable for offer through IRAvest. If it is, the Sponsor Broker will allow the deal to be viewed by IRAvest Accredited Investors. The Presenting Broker and Sponsoring Broker have their own relationship regarding fee structure.
Do I need a Presenting Broker?
No, If you are a direct Borrower and you would like to propose an investment all you have to do is sign-up on the Iravest website, input all the information regarding your transaction and wait to be contacted by the State Sponsoring Broker.
How much does it cost?
Each investment has a different point structure. For example, if you are a Borrower and you input an investment directly on the Iravest website you will not be paying points or some fraction thereof, to a Participating Broker. If you are working with a Participating Broker and they input the investment on the Iravest website than they will take part in the fees. The Participating Broker along with the Sponsoring Broker will set the fee structure when reviewing the investment.
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