Patch of land is an investment and fund raising site for real estate. As an accredited investor you can invest with as little as $5000 and there are no fees for investors! As of today there has been no reported loss and the average investments I saw had a return around 10-11% and had a period of 12-18 months.
As a borrower this is great for those who want to flip houses or for rental properties that can have a good return in a short amount of time. The advantage compared to a bank is the increase likelihood you will have investors.
So whether you are looking to invest or borrow money for real estate click the link above and take a look for yourself! There are other websites as well that have similar functionality if this one doesn't meet your requirements. I chose this one due to no fees for investors.
More reviews will be added shortly!