Free checklist
Are you ready to raise your first deal?
Eight things to have in hand before you raise money for an apartment building. Tick what is settled and see what is left, with a free tool for most of it.
Ready to raise
8 things
What is settled?
0 of 8 settled
What is left, and where to start:
I have an apartment building in mind, or under contract
You don’t need a deal to start. Create your sponsor page now so your followers can be ready before the deal is. Create your sponsor page
I know the purchase price, the renovation budget and what the bank will lend
Get a loan quote and a renovation estimate, then put the numbers into the planner. Open the raise planner
I know how much I need to raise from investors, and the minimum
The planner works out the equity you need and about how many investors that is. Open the raise planner
I know the people I will invite, and how many of them there are
List the people who already follow or trust you. The planner shows how many you need to reach. Open the raise planner
I know whether I will raise under 506(b) or 506(c)
Answer three questions about how you will find your investors, then confirm with your securities attorney. Take the 506(b) or 506(c) guide
I understand that only accredited investors can invest
Check who counts as accredited and how each investor proves it before they invest. See how accreditation works
I can host a live Q&A to answer investors’ questions
Pick a time and a video call link. Investors who can ask questions before they invest are more comfortable with the deal.
I have a securities attorney to review my plan
Ask for an introduction from a sponsor you trust. DoorRaise prepares the documents, and your attorney reviews your plan.
Questions
Do I need a deal before I start?
No. On DoorRaise you can create your sponsor page first, so the people who follow you can subscribe and be ready before your deal is. You add the deal when you are under contract.
What do I need to raise money for an apartment deal?
A property, a plan for the numbers, people to invite, a choice of Rule 506(b) or 506(c), and a securities attorney to review the plan. DoorRaise handles the company, the investor checks, the escrow and the filings.
Who can invest?
Accredited investors only. DoorRaise verifies each one before any money moves, and investor money is held in escrow until closing.
Is this checklist advice?
No. It is a way to see what is left to settle. Your securities attorney and your own research decide what is right for your raise.
Does the checklist save my answers?
No. Your ticks stay in your browser and are gone when you leave the page.
A general checklist, not legal, tax or investment advice. Offers on DoorRaise are open to accredited investors only. Investing involves risk, including loss of the entire investment.
You can start before you have a deal
Create your sponsor page today. We form the company, check every investor, hold the money in escrow and file the paperwork when you are ready.