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This video gives a breakdown of the real estate crowdfunding and how Patch of Land fits into the overall equation of this new booming industry.
Patch of Land is a real estate crowdfunding platform, offering accredited investors the opportunity to invest in asset-backed debt deals with low minimum amounts. Properties are secured by title and developer guarantee with LTV values that protect investors from unnecessary risk.
A statistic in that same Reuters report offers a clue to one possible strategy. Even if your initial purchase is an undeveloped patch of land, and you’re confident you can handle the paperwork on.
Real estate crowdfunding platform AssetAvenue, has shared that it closed $13.28 million of deals in the last week in loan sizes ranging from $475,000 to over $5 million. The debt based funding site.
Patch of Land’s Jason Fritton, whose firm has secured a $25 million commitment from a hedge fund and is working on deals with several other institutions, said keeping small-time investors in the.
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Patch of Land is a crowdfunding solution for professional real estate developers seeking fast and reliable access to capital and accredited investors looking to diversify their portfolio with.
An Alternative to Traditional Lending. Patch of Land’s goal is to solve the problem of inefficient, fragmented, and vague real estate loans by using technology and data-driven processes to create transparency and efficiently underwrite projects for borrowers with real estate projects that are routinely bypassed by traditional lenders.
Patch of Land. Patch of Land is crowdfunding real estate through its (peer-to-peer) online marketplace offering various typologies of secured real estate debt on assets backed by first position liens and personal guarantees. They match investors and lenders seeking alternative fixed income opportunities, to borrowers seeking alternative sources.
Whereas debt-based crowdfunding was essentially a short-term opportunity that could yield returns on average of 10-18%! Patch of Land’s decision to pick debt-based crowdfunding was based on a.
ES: My first interview for Above The Law was with. at a real estate crowdfunding company called Patch of Land, then partner at a law firm that specializes in the same. Why in the world would you.
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