Using Roofstock to finance rental property

[Vincent Finn]

Has anyone use Roofstock.com before? What are the pros/cons for investing through Roofstock?

[Rex Celle]

@Vincent Finn I bought a property in Stockbridge, Georgia through Roofstock.com In 2017. The process was pretty smooth and the numbers are accurate. What I like about them is that they vet the properties By requiring official information regarding the homes before they post them for sale, and they make it easy for buyers to connect with Lenders and out of state property management companies. In some cases the property management rate is lower than 10% as they have an agreement with roofstock To lower their rates for customers they earn business with through their website - in my case Excalibur Homes in GA honored a 6% management fee. I have not sold yet but I would consider them once that time comes. I didn’t use the banks they tried to connect me with but used them as the facilitator to execute the transaction.