Most offerings on EQUITYMULTIPLE are tied to an underlying common equity, preferred equity or mezzanine debt project investment. The investor will participate in these investments in one of two ways: 1) by purchasing an interest in a special purpose LLC that in turn invests in the project; or 2) by purchasing a project payment dependent note from an EQUITYMULTIPLE directed LLC, which in turn invests the proceeds in the project. In either case, returns to an investor are tied to and dependent upon the EQUITYMULTIPLE investment vehicle receiving distributions on the corresponding project investment.