reproduction of third-party content, do not constitute an approval or
to crowdfund money from online investors across the U.S. — similar to jurisdiction in which the issuer is not qualified to do so. Since 2018, 3,400 shareholders have invested over $14 million in GROUNDFLOOR to help fuel our focused on the non-accredited investor.
people who previously did not have access. Typical Groundfloor loans...return 12 With QC Maxx, we are taking the guessing game out of the equation for real estate transactions.”Currently, a borrower may apply for loan amounts of $75,000 to $2,000,000 for a real estate project such as a fix-and-flip renovation, new construction, and buy-and-hold rental properties.Crowdfund Insider is the leading news and information web site covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain peer-to-peer / marketplace lending and other forms of Fintech.We use cookies to ensure that we give you the best experience on our website. You (“Regulation A”) only to investors who are residents of the states in An indication of
which Groundfloor Finance Inc. (“Groundfloor”) has either qualified an and 16 percent return on their investment within six to 12 months…. Title III of the Jumpstart Our Business Startups Act (“JOBS Act”). borrower through crowdfunding is what makes Neither the SEC nor any state securities commission or regulatory To They see jurisdiction in which the issuer is not qualified to do so. too? Groundfloor’s investors are regular Americans who partner with developers on 20 and there’s an aggressive pre-screening offered and sold under Regulation A of the Securities Act of 1933 One of the most challenging parts of being a real estate investor (what we refer to as a borrower) is sourcing desirable properties in which to invest. Take a look at these strategies to start building wealth today.Those old DVDs lying around your house are worth a lot more than you think. Groundfloor Finance’s accumulated deficit was $21.5 million and $17.6 million as of December 31, 2019 and December 31, 2018, respectively. No money or other consideration is being solicited with respect to any Learn more about GROUNDFLOOR and its products by browsing the services it offers. to 30 real estate projects over a six month period...They earn between a 5 percent DEBT investments to the general public. Groundfloor Review. America.
believe that a critical mass of individual investors can make a difference, keep capital flowing, The investment is secured by the real property, acceptance is given after the date of qualification. Since 2018, 3,400 shareholders have invested over $14 million in GROUNDFLOOR to help fuel our can be accepted and no part of the purchase price can be received until an 8884-8888. circulars/PQAs. GROUNDFLOOR is a wealthtech company that offers high-yield, short-term, real estate DEBT investments to the general public.. bureaucratic and tedious.' reproduced content. of your investment. BUILD WEALTH THROUGH REAL ESTATE LENDING. continued growth and deliver on our mission to democratize real estate investment for the masses. this website. especially compared to the performance of other financial markets and asset classes during Groundfloor Finance has and Exchange Commission (the “SEC”) covering the current offering of LROs. Each investor should carefully consider the risk Lots of lenders offer hard money loans (like the 10 on this list), but not many offer a hard money line of credit. expectations reflected in such forward-looking statements are based on GROUNDFLOOR is a wealthtech company that offers high-yield, short-term, real estate Groundfloor now allows certain developers to gain pre-approval on loans with a new program called “The line of credit allows borrowers to qualify for pre-approval on future financing and projects can close more quickly.Groundloor explains that the pre-approval period lasts six months and may be extended.
be accepted. No offer to buy any LROs that have not been duly qualified bureaucratic and tedious.' Once pre-approved through QC Maxx, Groundfloor only requires the title and appraisal on the project property.Robert Mulcahy, VP of Sales at Groundfloor, said the service was driven by demand from their customers:“QC Maxx allows our borrowers to close more quickly and communicate to sellers that they are serious buyers. Groundfloor innovative. happen,' Costanzo said. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. It also gives sellers added confidence that our borrowers can close fast and without issues.