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Updated 7 months ago on . Most recent reply

User Stats

12
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5
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Chet Freeman
  • Flipper
  • Owings Mills, MD
5
Votes |
12
Posts

Has anyone had success with Fund that flip?

Chet Freeman
  • Flipper
  • Owings Mills, MD
Posted

I came across the site Fund that flip.com and was wondering if they were legit. Ha anyone had experience with them? 

Most Popular Reply

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17,995
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J Scott
  • Investor
  • Sarasota, FL
17,196
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17,995
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J Scott
  • Investor
  • Sarasota, FL
ModeratorReplied

I sit on the Board of Advisors for FTF, and have invested in more than a half-dozen deals (average investment of $25K) in the past 18 months.  Obviously, based on my relationship with the company, I'm not unbiased, but most people here on BiggerPockets know that I value my reputation above all, and when I agreed to join FTF as an advisor a couple years ago, it was because I was very impressed not only with their business model and underwriting guidelines, but with the CEO (Matt Rodak) and the rest of the management team.

I have no requirement to invest my own money on the FTF platform; I do that simply because I like the platform, like the deals that are being funded and find the returns to be nearly as good as the private lending I do, but without all the overhead.  Also, I like the fact that FTF has funded deals from investors here on BiggerPockets.  If you're looking to get funding, FTF is easy to work with on the borrowing side as well (I haven't been through the borrowing process personally, but I know other investors who have).

Happy to answer any specific questions you might have, and Matt and his team are always happy to answer questions as well.

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