Jan 30, 2017
Fund that Flip is like having a time capsule. They feel like Patch of Land in 2014. Smaller deals (ie less risky in this market cycle) and slightly better rates. Patch of Land in 2014 loans were all 12% to 13%. Now FTF has slightly better rates than POL. Communication is their strong suite. No real data to back this up, but I have heard of a lot less defaults on FTF than POL or LendingHome. I have 5 investments on FTF and all are current..