On October 20th, 2022, the American Association of Private Lenders (AAPL) recognized the President of Ignite Funding, Carrie Cook, at the Annual Excellence Awards as "Member of the Year". For those that are not familiar with AAPL, the purpose of the organization is to safeguard the private lending industry with education, ethics, and advocacy.
Ignite Funding moves up the ranks to No. 4,707 on INC 5000’s list of fastest-growing, privately owned companies for the 3rd consecutive year.
For over a decade, Ignite Funding has been one of the leading providers of real estate investments to private investors seeking predictable, passive income outside of the stock market. To put this into perspective, in 2021, 75 loans were funded with over $250M in private investor capital.
As a Trust Deed investor at Ignite Funding, you know that you are earning a monthly income at a fixed annualized rate of 10% - 12%. However, your first month of interest will vary depending on when the interest clock starts.
As a savvy investor, you recognized that Trust Deeds investments with Ignite Funding are a great vehicle to elevate your retirement savings strategy. However, let us ask you one important question – has the process to invest with your retirement account been as easy as investing with cash?
We needed more room to spread our wings, so we are moving from our location on 2140 E Pebble Rd effective July 25th. Please note our new address below for your records to ensure that all future postal service is directed to the correct location.
Pat Vassar, Ignite Funding’s Director of Underwriting, has over 18 years of experience in real estate analysis and underwriting. Most of that time has been dedicated to identifying quality borrowing entities and underwriting real estate development projects in regions like Ignite Funding’s hometown, the Las Vegas Valley.
When you participate in a Trust Deed investment at Ignite Funding, you are essentially acting as a private lender for real estate development. As a private lender, it is vital to have a greater understanding of the different phases of development and what they entail. Contrary to popular belief, there is more to real estate development than simply erecting a building on a piece of land.
About 6 years ago, we discussed why Ignite Funding concentrates it’s lending in the southwest region of the U.S (i.e., Nevada, Colorado, Utah, and Arizona). While the southwest is still Ignite Funding’s primary footprint, if you take a look at our previously funded investments within the last 2-3 years you will see that we have expanded our reach to consistently lend in states such as Washington and Idaho. You will also notice that we are lending on projects on the complete opposite side of the country.
There is no doubt that the rise of online crowdfunding platforms altered the face of the real estate lending industry. Real estate crowdfunding companies appeared overnight and quickly became one of the most popular ways for the average investor to participate in investments that were once reserved for the very wealthy.