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Updated over 7 years ago on . Most recent reply

User Stats

42
Posts
27
Votes
John Hagen
  • Mattoon, IL
27
Votes |
42
Posts

Crowd funding sites for not accredited investors

John Hagen
  • Mattoon, IL
Posted

I’m part of a real-estate investment partnership and that is going great, so I want to invest more in real esate. Due to my grandmother's passing I have a bit more cash than my partners and we don’t want to disrupt our balance. I am looking for a good crowd funding site I can put 10K-20K into. The problem I’m running into with sites like Realtyshares is I’m not an accredited investor. Does anyone know of a site I can invest with, with a net worth of less than $1m.

Most Popular Reply

User Stats

14
Posts
18
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Christopher Perez
  • Investor
  • Arnold, MD
18
Votes |
14
Posts
Christopher Perez
  • Investor
  • Arnold, MD
Replied

John, I am in a similar situation, looking to diversify out of SFR in my local market and towards small investments in commercial real estate through crowdfunding but I am also not yet an accredited investor.

I've found a ton of great information browsing BP as well as a lot of good informational material on a site maintained by -- He provided this advice in another forum: "If you are nonaccredited, there are a lot fewer national choices: Richuncles, RealtyMogul and Fundrise. The best choice depends on each individual investors so I analyzed each of those 3 on about 10 or 11 comparison points. To view this analysis, Google "the real estate crowdfunding review nonaccredited options" and you'll see it."

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