Crowdfunding and peer-to-peer financing platforms have come a long way in the 20 years since their introduction to the lending marketplace. Consequently, before to the introduction of these innovative alternative finance models, those that needed financing for high-value real estate projects sought primarily traditional financing methods.
There is a commonly held misconception that the real estate market hibernates like a bear. It goes into a deep slumber beginning in December and wakes up hungry in the spring. This fallacy can lead to a sense of complacency on the part of real estate agents, developers and lenders.
New real estate investors are correctly advised to seek out a mentor to help them learn the business. Someone with experience can help the newcomer think through issues and bring up important considerations that might not be obvious.
Sometimes to believe in the possibility of success it is necessary for a trailblazer to achieve it already. The first one to accomplish a task changes the mindset of everyone who follows, often redefining the borders of what is possible. With that in mind, here are 5 women who have done that in different areas of real estate.
It takes time, research, and money to become a savvy real estate investor. While most people have the time and the research skills, many do not have adequate funding. With some education and help from nifty fintech apps, becoming a real estate entrepreneur is easier than it seems.
Peer-to-peer (P2P) lending puts accredited investors in touch with approved real estate borrowers, cutting out the need for traditional lending institutions.
Marketplace lending is an umbrella term used to describe a process of lending and investing online. A substantial slice of the marketplace lending industry is a niche focused on real estate (dubbed real estate crowdfunding), and for good reason — the process allows accredited individuals and institutions to invest in real estate online through the purchase of shares.
With every new venture or project, you need capital. From crowdsourcing to peer-to-peer lending to Shark Tank, we’re always coming up with new ways to get funding for our next venture.