460 Unit Class A- Apartment Building in Austin, TX
Definition of an Accredited Investor
To be considered an Accredited Investor you must only fit 1 of the following 3 definitions:
- A natural person with an income exceeding $200,000 in each of the two most recent years or joint income of $300,000.
- Or a natural person who has an individual net worth, or joint net worth with the person’s spouse, that exceeds $1 million at the time of purchase, excluding their primary residence.
- Or an entity with over $5M in assets, or all owners of the entity must be accredited.