GROUNDFLOOR - Fix and Flip, Cash Out, New Construction


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Hi everyone,
GROUNDFLOOR is a direct “investor friendly” lender. We specialize in fix-and-flip rehab loans. However, we also do cash out and are rolling out with a new construction product. Our crowd based platform allows us to offer competitive terms and flexible loan products.

  • Single family residential, non-owner occupied (1 to 4 units)
  • Up to 90% of purchase price and rehab budget (not to exceed 70% of ARV)
  • Rates as low as 5.4% (simple interest) for qualified investors
  • Deferred payment option. No monthly payments for term of loan (up to 12 months)
  • Loans from $75,000 to $2,000,000
  • Non-recourse loans (no personal guarantee required for loans under $500,000)
  • No doc (no VOE, no tax returns, no pay stubs, no seasoning or sourcing of funds)
  • Points are rolled into loan
  • Close in as little as 7 days

Currently lending in: Alabama, Arizona, Colorado, DC, Florida, Georgia, Illinois, Maine, Maryland, Michigan, Minnesota, Missouri, North Carolina, New Jersey, New Hampshire, Nevada, Ohio, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Washington

Please contact me if you have any questions or want to discuss a file.

Georges J. Franco
GROUNDFLOOR
Business Development Manager
(202) 871-0097
E-mail: georges@groundfloor.us
Main site: www.groundfloor.us