CityFunders 2024 Review and Ranking

What is CityFunders?

 

To avoid the financial conflicts-of-interests that are rampant on virtually every other review site, I DON'T accept any money from any outside sponsor or platform for ANYTHING (including but not limited to affiliate ads, advertising etc.). See code of ethics  for more.

City Funders appears to have been shut down. It's previous review is kept below for historical purposes.

 

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It specializes in New York City real estate equity and debt. They have one of the lowest fees at $30 - $40 per year (versus 1% of entire investment average). 

 

They also pre-fund their investments. However, this advantage is somewhat offset by the fact that they are also the sponsor on their investments. So the marketplace does not function as a second due diligence check, nor a third-party to keep tabs on the sponsor (as occurs on many other marketplaces).

 

• Advantages: Pre-Funding, rock-bottom fees at $30 - $40.
   

• Disadvantages: As both marketplace and sponsor, the investments have not gone through a second due diligence check, nor does the marketplace function as an independent third party to keep tabs on the sponsor.
   

• Accolades: #2 for New York City real estate, #2 for lowest fees.
   

For more raw data on the site (including investor and sponsor fees, legal structure etc.), or to easily compare it with the data of competitors, see the feature by feature comparison matrix.

 

 

Where can I discuss other City Funders deals?

You can do this with thousands of other investors in the private investor club. While the club is free, membership is restricted to investors who have no business connections to sponsors or platforms. Also, all members must agree to keep all club info confidential by signing a nondisclosure agreement. Click here to join or get more info.

 

Who are City Funders Competitors?

Here are the reviews and rankings for other similar sites.

 

• CrowdStreet

• 1031 Crowdfunding

• Real Crowd

• ArborCrowd

• Carlton Crowdfund

• Share States

• Roofstock

• Roofstock One

• SBRE Funds

• First Real Fund

• Realty Shares

• Equity Multiple

• Realty Mogul

• C.K. Mack

• Lending Home

• Holdfolio

• CityVest

• Prodigy Network

• Instalend

• Cadre

• All other sites (ranked and reviewed)
   

Related:

How to pick? Check out our step-by-step guide.
 

• The quick guide to picking conservative real-estate deals
   

• Top 100+ accredited investor sites (ranked and reviewed)