Fundrise: Raising Real Estate Capital Online - Thoughts?
I've known the crowdfunding firm Fundrise for a while now, but never really looked into it:
Basically you go to their website, select a deal you like, and invest cash ($5,000 minimum), without physically meeting the sponsor/operator/developer. It's like buying stocks online but in this case you are buying a piece of real estate.
Anyone has any experience investing with them? Thoughts on thier busines model?