Min. Investment$10
Rate8.50%
Offered By
Groundfloor’s business model is similar to crowdfunding, except that instead of offering equity, Groundfloor acts as a lender to developers in need of short-term funding to complete renovation projects. Groundfloor puts these loans on its platform where investors can buy individual slices of the loan for as little as $10. Once the loan is paid off by the developer, Groundfloor issues distributions to its investors.
Historic Returns
10.5%
Investor Types
Real Estate-Backed Notes
Min. Investment
$10
Property Types Available
Residential
Available To
non-accredited-investors
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Terms
Min. Investment$10
Rate8.50%
Target Return8%
Property TypeResidential
Target Cash Yield8.5%
Close DateTBD
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What is the target cash yield?
Target cash yield is 8.5%
What is the minimum investment amount?
Min. investment is $10
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