Posted by: phillipsre | November 3, 2016

A New Way To Invest In Real Estate

house-moneyCrowdfunding has been used to help people in need pay for medical bills or to clean up after a natural disaster, now a real estate investment company is using crowdfuning to encourage people to invest in a new housing development in the Georgetown neighborhood of Seattle. The company, New York-based EquityMultiple is currently planning an 11-unit town home development and is seeking people to invest anywhere from $5,000 to $400,000 to help build the project. The homes are projected to sell out by December 2018, with a 20 to 24 percent net internal rate of return for investors, the company said. To read more about the project click here for the full article form KOMO News.

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