Today in our #17loans17days blog retrospective, we revisit borrower Dustin Cole for a project in Franklin, GA. You’ll remember Dustin from our first two projects with him in Rome and Carrollton respectively.
Dustin has become a good friend of GROUNDFLOOR. He shares in our excitement about changing the finance landscape and is eager to build a following of GROUNDFLOOR lenders.
His “quick fix and flip” strategy spans nationwide though today’s project at 186 Birch Road takes us just 50 miles or so southwest of Atlanta. This project with Dustin was our first acquisition loan - a loan given to purchase a specific asset - and also one of the first loans to launch with our $10 minimum investment announcement.
Investing made affordable proved to be popular with you, our growing community of lenders. In just 16 days, 60 of you fully funded this $22,000 12 month loan at 13.5%.
You can be a part of that growing community and fund loans from borrowers like Dustin. When you lend; you earn. It’s that simple. GROUNDFLOOR’s platform makes it possible for borrowers to secure financing options that might not otherwise be available for their projects and pay interest to the community of lenders who invest. As a lender, you invest in only the projects you choose.
Right now, as part of our Cheers to 2 Years! promotion, you can earn $100 when you invest $500 or more in any of our loans. That’s right! We’ll add $100 to your investment for a total of $600 - and you earn interest, too.