It was bureaucratic and tedious costanzo then reached out to groundfloor.
Is ground floor legit.
As an investor you can preview and fund loans for fix and flip properties potential borrowers submit a loan package that includes detailed numbers pictures of the property and more.
Unlike other real estate investment platforms where investors own an equity stake in real estate property through ereits or other types of funds for 3 5 year terms our investment options are based on secured collateralized real.
If on the other hand you are already an accredited investor and have some kind of capital that you wish to invest into a project underwritten by a professional company this platform is as good as all the other alternatives.
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Groundfloor is a real estate crowdfunding platform but one with a bit of the different twist.
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Ground floor finance inc.
Groundfloor is a wealthtech company that offers high yield short term real estate debt investments to the general public.
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Ground floor finance inc.
Build wealth through real estate lending.
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4 5 out of 5 stars 14.
Has low minimums 10 and is open to non accredited investors and as of january 2018 is now open to investors nationwide previously groundfloor was limited to 7 states and the district of columbia.
Instead of investing in large commercial real estate projects they focus on providing renovation loans to property flippers for single family and small multifamily properties.
I applaud groundfloor in really building a business from the ground up where they re focused on the non accredited investor.
Groundfloor offers fractional investments in short term real estate loans.
4 3 out of 5 stars 192.
A ground floor apartment could be seen as an attractive purchase for buyers eschew larger buildings with doormen and elevators but are no longer in a place in their life where bounding up three flights of stairs is an attractive proposition for them says rose.