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Updated 2 months ago, 10/15/2024
Hard Money Loan via GROUNDFLOOR
Investment Info:
Single-family residence hard money loan investment.
I decided to invest in a GROUNDFLOOR property with funds I've allocated specifically for hard money investment. The loan has an expected 11% interest rate over a period of 15 months. I did my due diligence with researching GROUNDFLOOR, the investment property, and the details surrounding the loan.
Even though this is technically my first investment, I look forward to purchasing my own investment property in the near future!
What made you interested in investing in this type of deal?
I heard advertising for GROUNDFLOOR on the BiggerPockets podcast and was intrigued.