Fund That Flip E 23rd St, New York

Very good company to originate. However, I see some issues coming up in the future. (a) When losses occur they are huge! Though I admire that FTF has managed very well, and (b) FTF has been lately getting "Series" funding from investors leading me to believe deeper pocket institutional funds have not been kind to FTF. And then there are plenty of loans on their website which remain unfunded by their investors? Why? That's because quality of loans vis-a-vis coupon is not palatable to investors. So FTF is funding all loans via their own "Series" of funds which are raised from the same investors as the ones who would invest in their loans. So what is going on? Why are there so many loans which investors are not buying? FTF is not bothered because "Series" funds are covering those loans anyways. FTF gets to keep the closing fees and % of coupon. Many months ago FTF said they will invest first loss in "Series" funding. Is it still the case? There have been almost 100 "Series" funding rounds.

We started investing in fundthatflip six months back and were pretty impressed by their inventory and the information available for us to make decisions on investments. this is one of the most user friendly sites for alternative investments. I would recommend to use this platform.

I've invested with Fund that Flip since 2017 and have never lost any principal or had anything but great customer service. I particularly like their "aggregated" offerings (PFNF and RBNF) - they have always paid consistently in their monthly interest and have repaid on time at maturity. The team is easy to work with and this is my favorite of any "alternative" investment platforms

I had two "test" investments that were successfully repaid on time. I have not continued investing with fund that flip for three reasons: 1. The offerings fill up quickly and I'd prefer to review a potential investment in more detail before committing capital. 2. I set up a zillow notice regarding the status of the property. The zillow updates (based on public info) were better than the company's status updates. I had no issues with my two loans but relying on the developer to provide the status of the loan left me uneasy. A statement from the developer that the "project is on target" or similar is not sufficient. Banks require in person inspections at many stages of development. At least photos of the status of the property at regular intervals would give me more confidence the property is being adequately overseen. 3. It was hard for me to tell how many deals a developer had at once. The site shows how many deals were repaid etc but are they flippers with 1 or 20+ properties with outstanding loans? Yes, there is downside protection with the property itself but the level of risk increases with the number of properties.

Fund that Flip has been an amazing company to work with! They made this entire process very easy and have been very understanding of how complicated flips can be and all the challenges that arise along the way. For anyone who is considering working with them, do it! They are top notch and I highly recommend to everyone!

I have invested in 39 deals through Fund That Flip. So far the communication has been good, and Augie answered all my questions and concerns. I will update my review in 6 months and report how my investment goes.

Highly recommended for all of the investors/builders! I have recently done four flawless deals with FTF: superb costumer service, competitive terms, timely fundings, no issues with after rehab values. Thank you, looking forward to many future deals together!

I'm a RE investor and Landlord of over 50 units. I have been working with FTF for over 3 years now and have zero complaints. Quite the opposite actually! Their service is top notch and the team is super nice! They are always willing to work with you, no matter what the situation. I've built many friendships throughout the years with the FTF team!

Excellent, well-managed and easy-to-use platform. Very transparent. Several options including portfolios in additional to individual investments.

Have invested with FTF for 3 1/2 years and am very pleased with the results. The new Note funds enable me to enjoy instant diversification with no effort at a minor cost in terms of yield