Ground Floor Real Estate Crowdfunding

Groundfloor is unusual in that its mission opens real estate investing to the general population.

Ground floor real estate crowdfunding. Real estate crowdfunding is not a new concept. Ian was impressed by the potential of real estate crowdfunding but frustrated by the lack of quality site reviews and investment analysis. Closing the gap between the real estate investor and borrower through crowdfunding is what makes groundfloor innovative.

Groundfloor is the only direct lender offering crowdsourced capital for short term residential real estate loans. Groundfloor has broken that mold by developing a platform open to anyone with as little as 10 who is interested in loaning money for real estate fix and flip deals. If you ve been looking at real estate crowdfunding as an investing option you ve likely noticed that most of the platforms restrict participation to accredited investors.

It was founded in 2013 by brian dally co founder of republic wireless and nick bhargava. Their goal was to help the average investor have the freedom to participate in an investment asset class that was typically only available to higher end investors. He created the real estate crowdfunding review to fill that gap.

Their goal is to purchase homes in need of work repair and update the house then later sell it for a profit. As mentioned earlier groundfloor is a crowdfunded real estate investing company. Overall groundfloor projects are shorter term investments compared to other real estate investing platforms.

As a result we are not reliant on traditional financial institutions for our lending capital and can continue financing deals through this crisis. Groundfloor is a real estate crowdfunding platform that specializes in residential property loans for flippers borrowers who use short term debt to buy a distressed property fix it up and. It s been around in some form for decades particularly for high net worth individuals with the right connections.