There are several different platforms available for real estate crowdfunding. And with so many new websites appearing, it can be difficult to determine which ones are worthwhile of your time and money.
This is the reason we’ve compiled a list of the top real estate crowdfunding platforms for 2022. These are the greatest websites to check out whether you’re seeking for a platform to invest in fix-and-flip projects or you’re interested in becoming a passive investor in long-term rental properties.
One of the first real estate crowdfunding websites, Fundrise has remained one of the finest throughout time. Both long-term rental properties and fix-and-flip ventures are among the many investment choices they provide.
The best thing about Fundraise is that they provide a passive investing environment. You may invest in a fund that takes care of everything for you if, for instance, you don’t want to deal with the ongoing administration of rental properties.
- Rich Uncles
Another excellent platform for crowdsourcing real estate is Rich Uncles. They are mostly concerned with giving investors access to commercial real estate developments, which often provide larger returns than residential ones.
One thing to keep in mind with Rich Uncles is that only certified investors are eligible to invest with them. Therefore, you should search elsewhere if you don’t fulfill the income or net worth standards.
- Realty Mogul
Realty Mogul is another popular real estate crowdfunding platform. They offer various investment options, including fix-and-flip projects, commercial properties, and even some debt financing deals.
One thing to keep in mind with Realty Mogul is that they have a higher minimum investment than some other platforms. So if you’re starting, you may want to look elsewhere. But for experienced investors, Realty Mogul can be a great option.
Compared to the majority of other real estate crowdfunding sites, Groundfloor is quite unique. They concentrate on lending money to borrowers for fix-and-flip projects rather than providing access to conventional real estate investments.
This may be a terrific way to enter the real estate market without having to invest a lot of your own money. Additionally, compared to other loan kinds, Groundfloor employs the first-lien position, which lowers the risk.
Another website that gives investors access to long-term rental homes is Roofstock. Roofstock is wonderful since they thoroughly vet each property on their site, ensuring that you’re investing in a high-quality asset.
Roofstock is an excellent choice for investors who don’t want to deal with the difficulties of being a landlord because it provides a complete solution. You may buy a home with Roofstock and begin receiving rent right now.
Another website that provides loans for fix-and-flip projects is PeerStreet. However, PeerStreet stands out for its emphasis on quality control. They only cooperate with borrowers who have a proven track record of accomplishment and experience.
Additionally, compared to other investment kinds, PeerStreet offers a first-lien position on all of its loans, lowering the level of risk. As a result, PeerStreet is a worthwhile investment to look at if you’re searching for a larger income.
Another website that provides loans for fix-and-flip projects is StreetShares. They do, however, also offer loans for commercial purposes, unlike PeerStreet. So StreetShares is a viable option to take into account if you’re wanting to invest in a small business.
The minimum investment with StreetShares is $1,000, which is something to keep in mind. So you might want to look elsewhere if you’re just getting started. However, StreetShares might be a terrific choice for seasoned investors.
Another well-known real estate crowdfunding website is RealtyShares. They provide many different investment opportunities, such as fix-and-flip projects, commercial real estate, and even certain loan financing arrangements.
Remember that RealtyShares has a greater minimum investment requirement than several other platforms. So you might want to look elsewhere if you’re just getting started. However, RealtyShares might be a wonderful choice for seasoned investors.
- Patch of Land
Another website that provides loans for fix-and-flip projects is Patch of Land. Like PeerStreet, they concentrate on quality control and only work with successful, seasoned borrowers.
The minimum investment required by Patch of Land is $5,000, which is something to keep in mind. So you might want to look elsewhere if you’re just getting started. However, Patch of Land might be a terrific choice for seasoned investors.