Top Real Estate Crowdfunding Platforms Compared

Fundrise, Arrived, and Groundfloor sell to anyone and start at $10 to $100, while Crowd Street and EquityMultiple sell only to accredited investors, with typical minimums of $5,000 and $25,000. Accredited investors are people who meet the SEC's income, net worth, or securities license test, such as income above $200,000 in each of the past two years with the same expected this year. RealtyMogul's income real estate investment trust (REIT), which sold shares to the public under Regulation A, stopped taking new money in July 2025 and suspended share buybacks in April 2026. The table compares each platform's minimum, eligibility, structure, fees, and exit terms as of October 2026.

Side-by-side comparison

Interval funds are SEC-registered funds that offer to buy back part of their shares at set times, quarterly for Fundrise's funds. The fees above are the ones each platform discloses; the fee explainer shows how sponsor-level fees add to them. For Fundrise's full fund lineup, returns, and buyback terms, see the Fundrise review.

How much money each platform needs to start

• $10: a Fundrise taxable account, or one $10 slice of a Groundfloor loan note.
• $100: any offering on Arrived.
• $1,000: a Fundrise IRA. Its custodian, Inspira Financial, adds a $125 annual fee, which equals 12.5% of a $1,000 account. Fundrise waives it for one year if you add $3,000 or more by the cutoff (the 5th of the second month after you open the account, then yearly), and each year your IRA stays above $25,000 at that cutoff. The Fundrise interval fund's prospectus also lists a $1,000 minimum first purchase, which the fund may waive.
• $5,000: a typical Crowd Street offering, or an EquityMultiple Alpine Note.
• $25,000: EquityMultiple's standard minimum per offering.

If you are not accredited, Regulation A, the SEC exemption Arrived and Groundfloor use, also caps your total purchases in one offering at 10% of the greater of your annual income or net worth, with your home left out of net worth. One offering covers many houses or loans: Groundfloor's cap applies to all the loan notes in its offering together, and Arrived's to all the series interests in that Arrived company. With $50,000 of income and $30,000 of net worth, the cap is $5,000 across all the Groundfloor notes you buy, not $5,000 per loan. Fundrise's interval funds are registered with the SEC as investment companies and do not rely on Regulation A, so that cap does not apply to them; its eREITs are Regulation A offerings, so it does apply there.

Which platform type fits your budget and status

Not accredited, under $1,000

A pooled fund spreads a small amount across the most assets: $500 in a Fundrise account buys shares of funds that hold stakes in many properties and loans. The same $500 buys five $100 stakes in single Arrived houses or fifty $10 slices of Groundfloor loans, and each of those depends on one property or one borrower.

Not accredited, $1,000 to $25,000

At this level you can pair a fund with several single offerings, keeping your total on each Regulation A platform under its cap. Spread single offerings across several borrowers or houses: Groundfloor's circular says that putting your money into one or a few loans raises the chance of losing all of it when a borrower defaults. Example splits by budget are in diversifying across crowdfunding deals.

Accredited, $25,000 or more

Crowd Street and EquityMultiple add single-property private placements and private funds. Crowd Street asks for proof of accredited status, such as its own accreditation review or a letter from your CPA, attorney, or adviser; EquityMultiple has you certify your status at sign-up and confirm it with each investment. At EquityMultiple's $25,000 standard minimum, four separate deals take $100,000. Accredited and non-accredited options explains how verification works and how disclosure differs, and due diligence on a crowdfunding deal covers how to vet a sponsor before you commit.

Recent changes to check before you sign up

• RealtyMogul: RealtyMogul Income REIT paused new cash subscriptions on July 11, 2025, when its affiliated broker-dealer withdrew its registration, and suspended its share repurchase program on April 21, 2026, to preserve cash. Its board set an estimated value of $6.79 a share as of June 30, 2026. The REIT says it plans to resume an offering later, sold directly through the RealtyMogul platform, with no assurance about timing or terms.
• EquityMultiple: On August 1, 2026, Equity Multiple, Inc. granted a non-exclusive license to the EquityMultiple platform and brand to Larson Acquisitions, LLC, a subsidiary of Larson Financial Holdings. Larson Capital Management now runs the platform day to day and will sponsor and manage most new offerings. Existing investments were not transferred and keep their original terms, fees, and tax reporting.
• Crowd Street: the company now describes its offerings as including private equity, private credit, and venture capital as well as commercial real estate, so confirm what an offering holds before you buy.

For how these platforms fit into the wider market, start with what real estate crowdfunding is.