Fund That Flip Reviews

With Fund That Flip , you are able to purchase pre-vetted real-estate development loans to diversify your portfolio. This provides monthly interest payments and a totally passive investment. And since Fund That Flip typically maintains lower loan-to-value ratios and prefunds some loans, it helps reduce the chance of debt investing.

However, Fund That Flip is ready to accept accredited investors. And it's important to know the risks and fees of this type of debt investing.

Our Fund That Flip review is covering precisely how this platform works, the professionals and cons, and what your alternatives are.

What Is Fund That Flip?

Found That Flip is really a real-estate loan provider and investing platform that began in 2014. For developers, it offers an easy and cost-effective way to borrow money for real-estate development projects. And for investors, Fund That Flip is an inactive way to purchase short-term real-estate debt.

Since its inception, Fund That Flip has seen over $1.9 billion in loan originations and paid investors over $48 million in interest. Just note that it's only open to accredited investors, and there's a $1,000 minimum investment requirement.

How does Fund That Flip work?

Fund That Flip falls into both the hard money lender and private lender categories. While they've formalized underwriting processes and procedures similar to hard money lenders, the capital they deploy comes from crowdfunding which can be more in-line with private lenders.

Fund That Flip has various offerings for different real-estate investing requirements. From investors looking to accomplish a resolve and flip project, to those looking to purchase pre-vetted real-estate projects to earn annual yields.

Should you borrow money from Fund That Flip?

Fund That Flip provides funding for various projects like renovations and flips, upscaling rental properties, demolition jobs, and refinancing existing equity. The platform provides fast funding for real-estate investors, so for investors who need certainly to make the most of much quickly, this is a great option.

Loan terms vary from 3 months to 24 months, and loan rates start at 8.49%. It's important to note that there's an extensive application process with specific criteria that must be met. The website claims to have a lot of repeat borrowers, which bodes well for almost any investors wanting to have funding out of this lender https://centerforworklife.com/opp/real-estate/fund-that-flip/.