Program Overview:
The Sixtiva Housing Real Estate Investment Syndicate Program invites individuals of any financial background to join real estate ventures that focus on fix-and-flip and new construction projects. This unique opportunity allows participants to invest without income restrictions or verification requirements, making real estate investment accessible to all.
Core Values:
Our program is rooted in transparency and integrity. We provide clear, detailed financial reports and project updates to keep our investors informed every step of the way.
Investment Model:
- Investment Return: Upon exit from a project, investors will receive:
- Their initial investment in full, plus
- A share of the net profits proportional to their investment.
- Profit Distribution Example: Let’s look at an example with a fix-and-flip project.
Project: Single-Family Fix-and-Flip in Seattle, WA
- Purchase Price: $300,000
- Renovation Costs: $70,000
- Total Project Cost: $370,000, Sixtiva Housing secures the property, manages renovations, and oversees the sale after improvements.
- Exit Sale Price: $450,000
- Gross Profit: $80,000 (before closing costs and fees)
Deductions from the Gross Profit
- Closing Costs: $5,000
- Sixtiva Housing Management Fee (for taxes and operational expenses): $10,000
- Net Profit After Deductions: $80,000 – $5,000 – $10,000 = $65,000
Investment and Returns for Syndicate Participants:
- Total Investment Needed: $370,000
- Example Investor: Jane Doe invests $37,000 (10% of the project cost).
- Adjusted Profit Share: With $65,000 net profit, Jane receives 10% of this amount.
Distribution Upon Project Exit:
- Return of Principal: Jane receives her initial $37,000 investment back.
- Profit Share: Jane receives 10% of the adjusted net profit, equaling $6,500.Total Returned to Jane: $43,500
Summary
- Gross Profit: $80,000
- Total Deductions: $15,000 (closing costs and Sixtiva Housing management fee)
- Net Profit Distributed: $65,000
This example demonstrates a transparent process and potential earnings for investors, clearly illustrating the benefits and simplicity of the Syndicate Program.
Program requirements
- No income restrictions
- $200 Participation fee (to make sure that an investor is serious and is committed to the program)
- Investment starts at as little as $1000 and varies at a multiple of 1000
Program benefits
- Good return on investment
- Easy entry to the Real Estate world
- Invest on deals you like
- Profit share after each deal exit