Crowdfunding is gaining popularity and success stories are on the rise. An article on Bloomberg highlighted how home flippers are turning to crowdfunding for funding, with platforms like RealtyShares, LendingHome, PeerStreet, and Patch of Land providing quicker and easier financing options compared to traditional banks.
“A house flipper crowdfunded nine deals totaling more than $9 million through RealtyShares in the last two and a half years. A deal for $1 million in July only took 12 hours. This method offers flexibility, time savings, and is more efficient than traditional financing options.”
Read the full story on Bloomberg.com