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Crowdsourced Real Estate Investing
Posted on 7/16/18 at 5:57 pm
Posted on 7/16/18 at 5:57 pm
Someone educate me on this, in my mind after reading up on it, it sounds like prosper or other peer to peer lending sites but you actually have collateral on the notes. Am I thinking of it wrong? Anyone on here have any experience on one of these sites they would be willing to share?
2
Posted on 7/22/18 at 9:12 pm to RebelExpress38
I haven't personally used crowdsourced funding but I have gotten very creative with financing when I first started flipping homes. Not to derail your thread but why are you looking at these outlets vs. traditional lending? I would imagine the sharks behind the p2p lending are looking for a huge ROI.
Posted on 7/22/18 at 9:16 pm to RebelExpress38
I highly recommend checking out Groundfloor, a startup out of Atlanta
Posted on 7/23/18 at 9:19 pm to zell_miller
Please explain why ground floor is recommended
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