Patch of Land Review
Assets Under Management$100 Billion
Number of UsersUnknown
Patch of Land Fees
0-2% management fees on interest distributions for investors
Patch of Land Reviews
Offering you the chance to invest in both residential and commercial real estate loans, Patch of Land also provides unusually accessible customer support and pays between 8% and 18% interest rate returns on their carefully vetted deals and projects.
What I liked about Patch of Land is their stated commitment to individuals provide significant funding and also that many of their borrowers are experienced individual real estate investors. In that way, it’s almost a peer-to-peer feel, as opposed to institutional investors providing the cash to large real estate organizations.
Patch of Land is a peer-to-peer real estate (P2RE) lending marketplace. They automate the loan underwriting, data management and risk assessment processes and provide a platform where accredited and institutional investors seeking high-yield, short-term, asset-collateralized investments can be matched with borrowers seeking more timely and consistent sources of funding for rehabbing properties across America.