Real Estate World!

Real estate buying in NYC
May 7, 2016

Real Estate World!

About a year ago, RealtyShares launched as a new way for investors to put small amounts of money into real estate projects, kind of like a “LendingClub for Real Estate.” Now the company is launching a way for them to focus on investing in specific markets around the U.S.

RealtyShares works to crowdfund available real estate investments, allowing investors to put in as little as $5,000 into single-family homes, multi-family homes, and even commercial real estate projects. The cost of those projects ranges from $100,000 to the tens of millions.

For developers looking for funding, RealtyShares provides an easy way to quickly raise money for their projects. It funds about 10 to 20 projects per month and it takes an average of just four days for each RealtyShares investment to be funded. That compares to weeks or months for more traditional funding sources.

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