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Updated about 8 years ago on . Most recent reply
Thoughts on...Patch of Land?
Good evening everyone! I was hoping to get more insight on what you think of Patch of Land as an investor? https://patchofland.com/ I am looking for passive income but don't have 20% down for a property (buy and hold) and thought that this might be a good alternative. Would love to hear the good, the bad and the ugly about it. Thank you!
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Jay Hinrichs
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Jay Hinrichs
#1 All Forums Contributor
Professional Services
#1 All Forums Contributor
- Lender
- Lake Oswego OR Summerlin, NV
you need to be accredited I think.. so if you don't have 20% down for a rental you may not be acredited and it would be a moot point with patch of land as you would not qualify .
Or maybe your short on cash and long on net worth and income then your fine !
- Jay Hinrichs
- Podcast Guest on Show #222
JLH Capital Partners