Groundfloor Reviews

Groundfloor | What are you building?

groundfloor.us
3.54
142 reviews
Great Rating
Based on 142 user experiences

Rated 3.54 out of 5 by 142 Happy Customers

42.3%
14.1%
14.8%
13.4%
14.8%
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A

A great alternative to stocks but needs better overall security when logging in

A great alternative to stocks which haven t been performing very well over the past year I will say though that I wish the stairs and Groundfloor apps had two factor authentication to log in Anytime I open my stairs app if I didn t log out the account is open and viewable to anyone Security for individual apps from Groundfloor needs to be improved Would also like to see an accumulated interest earned from the stairs app so i dont need to open the month to month interest earned to add them up individually
D

A good investment option

Groundfloor is a good investment option It needs more options with its auto invest feature though Right now if you choose type C and Type B investments to invest in it puts both kinds into a pool and then randomly pics the number you can afford There is no option to prioritize C s over B s for better return or to pick the higher return loans inside the C s This would make it so people could maximize thier returns That s what needs to change to get 5 stars More options to the auto-invest feature
R

So far I am very happy with Groundfloor

So far I am very happy with Groundfloor My only suggestion is you need to have a hold account where you can have money in reserve apart from the auto investing AND your transfer of funds needs to happen faster
D

Loan category for well-sited renewable energy houses

Hi - I m basically quite happy with the overall experience and consistent performance of the investments I ve made The site is easy to use and I can choose projects I think are sound I d like to suggest that Groundfloor create categories of loans that people like myself who are aware of how the climate crisis is going to impact residential real estate would prefer to invest For example 1 houses that are not in a flood plain Note that FEMA has said their flood plain maps are now inaccurate Same goes for houses that are going to get affected by sea level rise in the next 50-100 years I don t feel comfortable investing in those 2 Houses in hotter locations that are not going to be sound investments either because they are not designed with adequate low carbon HVAC equipment and or because they are in areas of the country that will soon be unlivable due to heat waves On that other hand I think many people would like to invest in house renovations and new construction that includes renewable tech like PV panels heat pump HVAC and heat pump water heaters passive house standards etc Thank you
T

Consistent 10 returns

I have been investing with GF for about 2 years now I started out investing in the higher interest LROs but found that many of them fall to default status Now that I invest mostly in the 10 LROs I am having much better success with the loans paying off timely At a 10 return it is a much better return than savings accounts or CDs
P

LRO Investments

Received good return for my note investment on time everytime LRO investment return turn into extention and made me wait longer than expected Also like to see Financial Condition of the company Groundfloor on first sceen appears upon log in
J

I would like to see more timely actions

I would like to see more timely actions against borrowers who have consistently missed not only original note due dates but fail to meet very generous extended dates Also tired of seeing the delay tactic of refinance in progress for months on end
M

I am a new Groundfloor investor

I am a new Groundfloor investor and so far I have had a good experience some suggestions for the portal are To have the ability to export the available loans To show the time remining or maturity date in the loan page To be able to filter by borrower in the wizard but this can be achieved if the export is available to be able to export see historic data paid or otherwise loans
J

I am a big fan of Groundfloor

I am a big fan of Groundfloor One thing that could be improved is the way the updates on LROs are communicated We have to individually go to each LRO and click on it to see updates if any which are posted at random times and are not very helpful i e it doesn t necessarily tell us the expected repayment date or explain how long a foreclosure might take etc I wish updates were more easily visible so we don t have to go click and take a chance for each LRO and more explanatory for real estate rookie investors
J

Good overall

Good overall Needs a lot of improvements to make it better More updates on investments that are in a Default state are needed The auto investment tool needs to have a lot of features including the ability to decide the LTV ratio for each tier that you want to target How to prioritize among tiers where available funds are less

About Groundfloor

Groundfloor is a new financial tool for retail investors. We open the door to short-term, high-yield returns backed by real estate.

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Frequently Asked Questions

Groundfloor is a financial technology company and funding portal that connects individual investors with short-term, high-yield real estate debt investments. Its mission is to democratize real estate investing by making it accessible to non-accredited investors with low minimum investment requirements, primarily focusing on residential fix-and-flip and new construction projects.

Investors browse vetted loan opportunities on the Groundfloor platform, each detailed with property information, loan purpose, borrower history, projected returns, and a risk rating (A through G). Investors purchase fractional debt notes, not direct property ownership, with minimums as low as $10. They receive proportional interest payments as borrowers repay their loans, typically over 6 to 18 months.

No, accreditation is not required to invest through Groundfloor. The platform operates under Regulation A of the Securities Act, which qualifies its offerings for both accredited and non-accredited investors, making real estate debt investing available to the general public.

The minimum investment on Groundfloor starts at $10 per loan. This low threshold allows investors to build diversified portfolios across multiple real estate projects, helping to spread and manage investment risk effectively.

Groundfloor primarily finances short-term loans for residential real estate projects, including fix-and-flip renovations and new construction. These loans are used by developers and house flippers to purchase, renovate, and sell properties, with terms generally ranging from 6 to 18 months.

About Groundfloor

Groundfloor: Democratizing Real Estate Investing

Groundfloor.us is the official website of Groundfloor, a financial technology company that has pioneered a unique model for real estate investment. The platform operates as a limited liability company and functions as a funding portal, connecting individual investors with short-term, high-yield real estate debt investments. Its core mission is to make real estate lending accessible to a broader audience, breaking down the traditional barriers of high capital requirements and accreditation status that have long defined the private real estate market.

How Groundfloor Works

The platform facilitates investments in residential fix-and-flip and new construction projects. Here is a breakdown of its operational model:

  • For Borrowers:Real estate developers and house flippers apply to Groundfloor for loans to finance their projects. These are typically short-term loans (6-18 months) used for purchasing, renovating, and selling residential properties.
  • For Investors:Individual investors can browse vetted loan opportunities on the Groundfloor website or mobile app. Each project is listed with detailed information, including the property location, loan purpose, borrower track record, projected returns (often ranging from 6% to 14% annually), and a risk rating assigned by Groundfloor (A through G).
  • The Investment Vehicle:Investors do not directly own a piece of the property. Instead, they purchase securities in the form of fractional debt notes. This means an investor can participate in a loan with a minimum investment often as low as $10, receiving proportional interest payments as the borrower repays the loan.

Key Features and Offerings

Groundfloor distinguishes itself through several key features designed for investor accessibility and education.

  • No Accreditation Required:Unlike many private real estate investment platforms, Groundfloor is open to non-accredited investors. This is possible because its offerings are qualified under Regulation A of the Securities Act, making them available to the general public.
  • Low Minimum Investment:With minimums starting at just $10, the platform allows for highly diversified portfolios across numerous loans, enabling investors to spread risk effectively.
  • Automated Investing Tools:Groundfloor offers an "Autopilot" feature, which allows investors to set custom criteria (like risk grade, loan term, or return target). The system then automatically allocates funds to new loans that match those parameters.
  • Transparency and Education:The website provides extensive educational resources, including a blog, guides, and a detailed explanation of its loan grading system. Each investment opportunity features a comprehensive project summary, fostering informed decision-making.
  • Secondary Market:Groundfloor operates a limited secondary market, providing some liquidity for investors who wish to sell their notes before a loan matures, though this is subject to market demand.

Considerations for Investors

While Groundfloor opens new doors, it is crucial for potential investors to understand the associated risks. These investments are not FDIC-insured and are subject to potential loss. The success of an investment is directly tied to the borrower's ability to complete and sell the property profitably. Groundfloor's risk ratings provide guidance, but all investments carry inherent risk, including the possibility of default. The platform's historical performance data is available for review, but past performance does not guarantee future results.

In summary, Groundfloor.us presents an innovative online platform that demystifies and opens access to real estate debt investing. By fractionalizing loans and eliminating accreditation hurdles, it empowers everyday individuals to build a diversified portfolio of short-term, income-generating real estate assets, fundamentally altering who can participate in the private lending market.