Review Ground Floor

Fortunately groundfloor us has changed all of that.

Review ground floor. Become a hard money lender. If groundfloor decides to underwrite the loan it is assigned a loan grade a through g and a corresponding rate of return wherein grade a loans are the least risky with the lowest rate of return and grade g loans are the most risky with the highest. Want to earn 10 or more on your money. This comprehensive review of groundfloor shows you how the platform works pros cons whether it 39 s legit and how its managers source their investments.

The online reviewers write mostly in favor of groundfloor. Investors with small portfolios will also love their 10 minimum which is the lowest in the industry. About a year and half ago is when i asked my daughter in law who also works in property management if she knew of a good trash chute cleaning service. 17 groundfloor finance reviews.

31 reviews of the ground floor i am a property manager of a highrise on the wilshire corridor. Groundfloor reviews the details and conducts the due diligence on the deal and the borrower. Groundfloor allows developers homebuilders and remodelers like costanzo to crowdfund money from online investors across the u s. Additionally many of the reviews see the possibility to invest as little as 10 to be quite useful.

Groundfloor s trustpilot score is low 3 6 out of 5 but i believe it s because of a lack of reviews. Similar to how startups raise funds on kickstarter to manufacture new products. Typically you need at least 50 000 per loan. Can they really deliver 10 returns.

By kevin mercadante 4 comments the content of this website often contains affiliate links and i may be compensated if you buy through those links at no cost to you. So this ends up staying in the investor s pocket and increasing the p. There were only two reviews for groundfloor on the trustpilot site. Oh and you ll have to find borrowers vet the deals hire an attorney to review the documents and so on.

A free inside look at company reviews and salaries posted anonymously by employees. Most of the features such as the height of commissions the possibilities for investing relationship with the users and website navigation are highly rated. Learn more about how we make money last edited october 21 2019. Neither of the reviewers had anything negative to say about the company.

It was bureaucratic and tedious costanzo then reached out to groundfloor. Both were rated great meaning a 4 out of 5. Also unlike other competitors they do not charge any investor fees. Groundfloor has excellent volume with 14 investments open when we sampled them.