How Much Is Each REIT Opening Value?
Each REIT is funded to $5 million. This allows Amerigoal fund, open, purchase, service, close and cash out 7 to 20 notes each cycle. Needing a minimum 100 shareholders allows us to offer each REIT share at $50K. The amount of notes per REIT is determined by Freddie/Fannie guidelines per county. San Diego County allows for $625,500 per house, meaning the REIT will only need 8 notes to service.