JF166: How to Do a Crowdfunded Deal from Start to Finish

[Joe Fairless]

What’s it like to do a crowdfunded deal? What can you expect as a borrower who gets money from the crowd?

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Here’s who we’re talking to today:

Omar Skyers’s real estate background:

- Partner at SRB Group based in Newark, New Jersey

- Currently has 8 deals on Patch of Land 

Doug Cochrane’s real estate background:

-SVP of Underwriting and Acquisitions at Patch of Land, a debt based real estate crowdfunding lender based in Los Angeles

And here’s a taste of the treats you’ll get:

- Why a flipper went from hard money to crowdfunding

- The beautiful partnership that results from the experience

- Side-by-side comparison of hard money vs. crowdfunding

- A surprising part of the process with crowdfunding

- Step-by-step process for how to get set up on a crowdfunding platform

- The crowdfunding platform’s role in the process

- Importance of getting started in the process NOW

- Reporting requirements for borrowing money from a crowdfunding platform

LISTEN HERE: http://joefairless.com/blog/podcast/jf166-how-to-do-a-crowdfunded-deal-from-start-to-finish/

And remember to Subscribe in iTunes and Stitcher so you don’t miss an episode!

Joe