How to lend money through syndication/crowd funding

Question

I am a non accredited investor, but I am very interested in investing in syndications and/or crowd funding for real estate. I want to start making my money work for me, however at this point I do not have a lot to work with. Does anyone have any advice or resources to help me get started? Thanks!

Amy Wan · Answer

Ditto the above. @Ian Ippolito is also a great resource (and he blogs about this a lot). There are really only a few places where you can invest currently as a non-accredited investor.

Jim Groves · Answer

@Jeff Hursey

Illinois has an intrastate crowdfunding law, which allows for non-accredited Illinois residents to invest in equity crowdfunding.  However, I am not aware of any platforms that specifically use Illinois law for real estate investments.

There is one platform that I'm very familiar with called Vestlo (just google it).  They currently have a real estate investment listed, and I know they speak with local developers about posting new projects.

Good luck

Ian Ippolito · Answer

Thanks @Amy Wan.

@Jeff Hursey, is the money you have available something that would be OK to lock up for several years?  Right now, the only national options available to nonaccredited investors are longer-term investments. (There's currently no short term debt offerings).

But if that's OK with you then you have three different options: Rich Uncles, RealtyMogul and Fundrise.  The best option for you depends on your particular  situation so I did an article comparing them. B. P. doesn't allow me to link to my own site, so you can find it by doing a Google search on "The real estate crowdfunding review nonaccredited options part 1".  If you have any questions, just let me know.

Andrew Postell · Answer

@Jeff Hursey there is a whole entire forum category on Bigger Pockets about crowd funding.  Seek it out and see what kind of information is there.  Thanks!

How to lend money through syndication/crowd funding

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