Suitability Requirements
Is This a Suitable Investment?
Not everyone is a suitable candidate to invest in first trust deeds from Blackburne & Sons.
Residents of States Other Than California
California ResidentsNon-California-residents must purchase the entire loan. They must also be an Accredited Investor. An Accredited Investor is one who must have a net worth of at least one million U.S. dollars, not including the value of his residence or have made at least $200,000 each year for the last two years ($300,000 with his or her spouse if married) and have the expectation to make the same amount this year.
To be suitable you should have either (1) a net worth, exclusive of home, furnishings, and automobile, of at least $500,000 or (2) a net worth, exclusive of home, furnishings, and automobile, of at least $250,000 and a gross annual income of at least $65,000.
First trust deeds form Blackburne & Sons are not insured by the government in any way. In addition, investing in first trust deeds does involve substantial risks. Please be sure to read the Risk Factors section of the Offering Circular before investing.
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If
you would like to talk to our investment department, please contact us
at 916-338-3232
or 800-606-3232 between the hours of 8:30 a.m. and 5:00 p.m. PST Monday--Friday.
