How to Become an Accredited Investor (When You Don’t Qualify)

“Two roads diverged in a wood, and I—
I took the one less traveled by,
And that has made all the difference.”
— Robert Frost

How do you get into accredited-only deals if you’re not an accredited investor?

The Securities and Exchange Commission (SEC) has said you must have a certain net worth in order to gain the title.

You need at least $1 million dollars outside your primary residence or your income has to be $200,000 to $300,000 per year.

If you don’t qualify on either of those, you don’t have access to a lot of investment opportunities.

Today, I’m gonna tell you a secret that will open up all these deals to you!

We’re going to uncover this new secret in three easy steps.

1. The Series 65 Test

Something has changed recently with the way accredited investors can qualify.

In March 2021, the SCC introduced the Series 65 Test.

The test allows you to become accredited.

If you don’t like tests, I have firsthand experience that might help:

I’ve taken the test and it wasn’t that hard.

You might still need to study, but what a small price to pay to become accredited!

Accreditation opens up different deals that were once only available to accredited investors.

They can be multifamily deals, other real estate deals, or even private placement.

A common question that comes up is: Do I have to have a sponsoring firm to take this test?

The answer is no!

There’s a special form you can fill out so you can take this test totally independently.

The test costs about $200.

2. How Much Work is It?

How much work is the Series 65 test?

Do you need to study for weeks or months or years?

Some of us have been out of school for years!

The suggested study time is about 40 hours.

I studied for about 16 hours and passed.

Everyone is different, so you should plan accordingly.

All you need is a passing grade, which is 80%.

No one will look at your final score but you.

As long as you pass, you’ll be golden!

There are a lot of questions about suitability.

Aka: What is a suitable investment?

For example, Bob is 90 years old lives off social security payments, has a net worth of $100K and wants to do some high risk venture capital investing.

Does that fit Bob’s objectives?

The correct answer is no.

He needs something a little more stable.

The test gives you a lot of information about how to evaluate investments.

I don’t agree with all of what it says, mostly because it has a Wall Street bias.

But when it comes to the risks and potential failures with deals, the test is very helpful.

You could even knock it out in one weekend and become an accredited investor!

That’s pretty amazing.

3. Is It Worth It?

Is the test worth the work and the money?

Yes, yes, yes!

The Series 65 Test opens up deals that are usually closed off to a very select group of investors.

It allows you to invest like the wealthy do.

The test doesn’t take a ton of work relative to what you get out of it.

You get the ability to invest in exclusive deals.

You also get knowledge that will make you a better investor.

I hope you take the chance and give the test a shot!

If you’re not accredited, this can get you there and grant access to some of the best investments out there.

Now I want to hear from you!

Have you taken the Series 65 Test?

Would you consider taking the test to become accredited?

Let us know in the comments.

Before you leave, make sure to check out our special report about investing. It compares the stock market to real estate, and it also includes how the pandemic affects your investment future.

If you are interested in investing with us, we are happy to answer any questions that you may have. Join our investment club today and we will be in touch.

Disclaimer: I am not your investment advisor. This is for educational purposes only. I am not giving specific advice on what you can do. I am simply giving my opinions.