Glossary

Accredited investor

After-repair value (ARV)

Alternative Recoveries

Amortization

Appraisal

As-Is Value

Auto-Invest

Balloon Payment

Bankruptcy Remote Structure

Borrower

BPO

Bridge Loan

BRRR

Cap

Capital Appreciation

Capital stack

Capitalization rate (cap rate)

CDOM– Cumulative Days on Market

Charge Off

Closing

Closing Costs

Commercial property

Commercial Use

Commercial use is a property zoned for commercial or business-related...

Common equity

Contingency

A contingency clause is a real estate contract element that...

Corporate Guarantee

Correspondent lending

Credit Score

Cross-Collateralization

Cross-collateralization uses an asset for collateral on one loan and...

Crowd Financing

Crowdfunding

Debt

Debt investment

Default

Default Rate

Delinquency History

Distressed

A distressed property is either in financial distress or physical...

DOM

DOM stands for Days on Market. The National Association of...

Draw Schedule

A draw schedule outlines the payment plan or schedule for...

Due Diligence

Due diligence is the research an individual or organization takes...

Earnest Money

Earnest money is a deposit made by a potential buyer...

Equity

Equity is the value of a property minus the amount...

Equity investment

Escrow

Escrow Account

An escrow is a financial agreement where a third party...

FDIC Insured

Fix-and-flip

Foreclosure

Grace Period

Grading System (Proprietary to Sharestates)

Ground-up development

Hard money loan

Investment-to-cost ratio (ITC)

Lien position

Loan-to-cost ratio (LTC)

Loan-to-value ratio (LTV)

Marketplace lending

Mezzanine loan

Mixed-use property

Multi-family property

Net Annualized Return

New Construction

Non-Accredited Investor

Non-U.S Person (Foreign Person)

Peer-to-peer lending (P2P)

Personal Guarantee

Preferred equity

Projected Return

Real estate crowdfunding

Real estate syndication

Regulation A (SEC Filing)

Rehab or Rehabilitation Property

REIT

Reporting

Residential property

Retail property

Risk

Secondary Market

Senior debt

Senior Loan

Single Family Property

Sponsor

SSL Protection

Title

U.S. Person

Underwriting

Value-add Project

Vetting Deals