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Trend in Housing is Helping Real Estate Marketplace Lending Platforms
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Trend in Housing is Helping Real Estate Marketplace Lending Platforms

Trend in Housing is Helping Real Estate Marketplace Lending Platforms

Fintech Nexus Staff·
News RoundupOnline LendingReal EstateUSA
·Jan. 3, 2017·1 min read

Increased home prices combined with available capital are supporting renewed interest in house flipping; the number of investors buying and selling a house within a few months has increased to the highest level since 2007; current investors are reporting an average profit of approximately $61,000; big banks are now more interested in financing real estate lending for house flipping deals and more online lending platforms are facilitating these investments; real estate crowdfunding companies seeing increased activity from house flipping customers include 5 Arch Funding, LendingHome Corp., Asset Avenue, Groundfloor Finance and Anchor Loans.  Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

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