More than 100 of you chipped in to support this loan! That’s great news all around – for lenders it translates to a 7% yield and for one police officer, it means a fully renovated property is waiting to be called home.
Nestled in Atlanta’s Edgewood neighborhood, the Ericson Street property is a great illustration of how GROUNDFLOOR works to build community and change the way you think about real estate investments.
How so? Unique opportunities like the Ericson Street loan let you invest like the banks do and feel good about it. Your money is revitalizing the City of Atlanta by making neighborhoods like Edgewood more stable and safer, improving the quality of life for everyone in the city. We think that’s a win win.
We make it easy to earn, too. With as little as your lunch money, you can earn an average of 12% on your investment. For the community of 100+ lenders that funded the Ericson Street loan, that’s $7 on every $100 invested. You can take that to the bank. They might not like it, but you will.
Want to know more about how GROUNDFLOOR works and see if it’s for you? Follow our map to money here.