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Updated over 4 years ago on . Most recent reply
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To Peer-to-Peer Lend & Real Estate Crowdfund or Not?
What are your thoughts on new investors starting out within peer-to-peer lending market places (i.e LendingClub) or Real Estate Crowdfunding (i.e Fundrise) if one doesn’t have $15,000+ to start buying properties?
Most Popular Reply
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I'm actually doing that right now. I'm doing a small private money lending deal for someone purchasing a buy and hold that needs rehab. The ones I'm lending to are newer investors and are in need of capital to complete rehab. If the numbers work for the situation, I think its a good thing to do for all parties involved.