The New York based platform, which allows accredited investors to invest in residential real estate rehab loans, raised the amount to further expand the platform.
The amount was raised from an undisclosed investor, though Mark Bell of Diversified Trust will join the board.
Fund That Flip’s investment platform connects investors with vetted real estate rehab projects sourced from quality operators around the U.S. Fund That Flip performs diligence on every project and funds each project with their own capital before making it available to a network of accredited investors. Investors can review all details of the investment online, including third-party appraisals, and select projects that meet their individual criteria. Investors today are able to explore a wide range of projects, investing with a little as $5,000.