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Is ground floor legit.
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.
Groundfloor offers fractional investments in short term real estate loans.
Want to earn some extra money.
It was bureaucratic and tedious costanzo then reached out to groundfloor.
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.
4 3 out of 5 stars 192.
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Build wealth through real estate lending.
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This is where groundfloor stands out making safe income over a certain period.
Groundfloor is a real estate crowdfunding platform but one with a bit of the different twist.
Excellent interface for browsing properties and managing investments.
I applaud groundfloor in really building a business from the ground up where they re focused on the non accredited investor.
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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It was a nightmare working with banks costanzo said.
Ground floor finance inc.
Ground floor finance inc.
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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.
Groundfloor is a wealthtech company that offers high yield short term real estate debt investments to the general public.
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.
4 5 out of 5 stars 14.
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.