I decided to invest in GROUNDFLOOR because it gives me the ability to invest & make money in the rebounding housing market, without the large-scale capital requirements, time requirement, and managerial overhead of being a direct real estate investor and developer. Groundfloor allows you to take part with a relatively low cost of entry. Further, I like being able to understand how the funds will be spent, and who will be spending them…. The return is attractive, and the investment terms are short enough to where you don’t have to be without the liquidity for too long.
My first GROUNDFLOOR project, which had 100% equity, was denied funding from a bank and a credit union since I owned the property for less than 6 months; I couldn’t even get a home equity line with my 740+ credit score! Thankfully Groundfloor arrived. The project funded relatively swiftly and the loan underwriting was timely and much smoother than what I’ve experienced at large banks. Loan servicing and post-closing support were also responsive and they were prompt to make payments on any construction draws.
Groundfloor makes investing in real estate a simple process. With a minimum investment size of $10 per project, it is easy for me to diversify my capital investment, while being able to quickly filter through project options to find what best fits my strategy. The process of investing through Groundfloor has been very smooth, and I look forward to enjoying continued investments and returns in the future. I would definitely recommend the Groundfloor platforms to anyone looking to invest in real estate assets or make a superior return on their capital.
Groundfloor’s innovative approach to real estate financing is proving to be an effective way for us to keep pace with rising demand in our communities. I was blown away by how quickly and easily we were able to fund a project--it took less than 36 hours on our first deal.
I like having the ability to invest in real estate without having to make either a massive commitment to a single property or trust a vague portfolio of properties selected by someone else.
We will definitely be using Groundfloor again. Groundfloor investors have become a meaningful part of our financing and business strategy. In addition to providing funds for our projects, we believe that our cost of capital and fundraising timeline will decrease over time.