Glossary

Accredited investor

After-repair value (ARV)

After-repair value (ARV) is an estimate of the value of...

Alternative Recoveries

The act of pursuing something other than the collateral for...

Amortization

Appraisal

An appraisal is an opinion of the value of a property. Generally, an...

Auto-Invest

Bankruptcy Remote Structure

Borrower

BPO

Bridge Loan

Capital Appreciation

Capital stack

Capitalization rate (cap rate)

The capitalization rate (cap rate) is a metric used to...

Charge Off

Closing

Commercial property

Common equity

Corporate Guarantee

Correspondent lending

Correspondent lending is the process through which one financial institution...

Credit Score

Crowd Financing

Crowdfunding

Debt

Debt investment

Default

Default Rate

Delinquency History

Equity investment

Escrow

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

Real estate syndication is the pooling of private individuals’ capital...

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

To be considered a U.S. person one must meet the...

Underwriting

Underwriting is the act of guaranteeing the financial viability of...

Value-add Project

A property that has gone through or is planned to...

Vetting Deals

See "Underwriting".