Real estate crowdfunding has been a popular investment option for many people over the years. There are more applications and services being added to the list every month. Our goal is to bring you the most honest, simple, and informative reviews. Turns out, users also want to compare specific applications.
This review compares LendingHome and Sharestates . The better service depends on your needs. Let's dive in!
According to our readers (you!), when it comes to real estate crowdfunding, people
care most about the minimum investment required, whether they need to be an
accredited investor, and whether or not the software has support private reits.
Let's look at how LendingHome and Sharestates stack up
against each other on these threads.
To start, we will consider the minimum investment required for both applications. In other words, how much does one need to invest to use the service? Out of the two, Sharestates minimum investment of $1,000 is smaller than the deposit of required by LendingHome.
Being an accredited investor is often required from real estate crowdfunding
Unfortunately, both LendingHome and Sharestates require you to be an accredited investor.
Unfortunately, neither LendingHome and Sharestates offers a private REIT.
|Review||LendingHome Review||Sharestates Review|
Overall rating as by Investor Junkie.Rating
|Commissions & Fees|
|Ease of Use|
|Amount of Deals|
|Account Fees||1.0% - 3.5%||0-2% setup fee|
|Investment Length||0 - 12/months||6 - 24/months|
|Regions Served||AZ, CA, CO, CT, FL, GA, IL, MD, MI, MO, NC, NJ, NV, NY, OH, OR, PA, SC, TN, TX, VA, WA and WV||AL, AK, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, NE, NH, NJ, NM, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI, WV and WY|
|Self Directed IRA|
|Sign Up||Sign Up|
LendingHome is an alternative to the traditional residential mortgage process, using technology to simplify and speed up the process for both borrowers and investors. On the positive side, you get instant cash flow with any investment. On the negative side, you need a minimum of $50,000 to invest.
Sharestates is a real estate crowdfunding service. You can invest in debt, residental or commercial properties. It requires only $1,000 to start investing. However, you must be an accredited investor to participate, and it has a 2% annual fee.