House Crowd offers you the chance to get your foot on the property ladder for just £1,000.
Investors to club together and invest in a distressed or repossessed property which is then refurbished and rented out - but is the scheme really as good as it sounds? Fancy getting a foot on the property ladder for just £1,000? If so, an innovative new company that brings together property investment and crowdfunding allows you to do just that.
The House Crowd (www.thehousecrowd.com) launched this week claiming that anyone can invest in property with just a small amount of capital, using an ‘effortless, unique business model.’
For the uninitiated, ‘crowdfunding’ allows people to group together and pool their resources into a project and share in its success. The concept allows investors to invest in new and growing businesses without having to commit large sums of cash.
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