With a short sale, the basic explanation of the process is that the homeowner contacts their lender and the lender reviews the homeowner’s specific situation (financials, hardship and reason they are seeking to sell the property, etc.).

The platform may allow investment by accredited investors only or be open to almost anyoneEach has advantages and disadvantages.The portals that allow anyone to post a deal have not been very successful and they will probably remain a fringe categoryMany investors are familiar with the big players in the industry that provide access to deals sponsored by numerous parties.As an example of a single sponsor platform I will use our own.In the last two years we crowdfunded/syndicated 26 real estate debt deals, raising just over $46,000,000.00 and two months ago completed our first equity raise, raising $1,700,000.00.Additionally, we did a co raise with a major real estate debt crowdfunding portal that was primarily residential and wanted to move into the commercial space.I will tell you that despite many similarities, no two portals operate the same, and there are major differences in deal type, vetting, costs, risks, returns, and transparancy.Keep watching this arena.

v=1Zap6D-w4BIThese are both explanations from the bigger pockets show.And the guide from J.Scott also explains it https://www.biggerpockets.com/files/user/JasonScot...

After diving into the numerous amounts of information related to real estate investing and wholesaling my vision aligned.

There are numerous real estate pros on the site and will gladly help you in whatever capacity needed.

I currently line in Brooklyn so I get the whole “high cost of living” explanation.

I'll sit at my little desk and make my little loans smiling and having fun every day.Thanks for the explanation.

@Bryan DevittThank you for the detailed explanation, now I have a better idea of what I am dealing with. 

I've seen builders do it on numerous occasions to correct an error.

For numerous unexplained reasons (can't believe I'm typing this), we think a spirit may live there but would not call it haunted (think Poltergeist!).