Crowdfunding Your Way to a Big City Home

Printer-friendly version
July 17, 2017

A new investment platform that is somewhat similar to crowdfunding invites Millennials to invest in a fund that will pay for the construction and renovation of housing in large cities where real estate is expensive.

Fundrise, a housing management company in Washington, D.C., launched the eFund in Los Angeles and will startup another eFund in the nation’s capital in August.  Investors can make money on their investment and receive a period of exclusivity to bid on finished homes before they’re made available to the general public. Business Insider reports that some investors hope that being an eFund investor can help them find that elusive property in a major metro that is within their price range.

Read More

Add new comment

Filtered HTML

  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <blockquote> <code> <ul> <ol> <li> <dl> <dt> <dd> <img>
  • Lines and paragraphs break automatically.
  • Captions may be specified with [caption]<img src="example.png">Image caption[/caption]. Items can be aligned with [caption align=left].

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
By submitting this form, you accept the Mollom privacy policy.

Comments on: "Crowdfunding Your Way to a Big City Home"

July 2017

This Month in Professional Builder

Products
Features

Ashton Woods launched Starlight Homes to target entry-level home...

Overlay Init