I am planning to invest in real estate crowdfunding for the round 2 of my credit card arbitrage project. I chose Groundfloor for short-term, high-yield investment opportunities. In theory, an investment at a 16% rate over 12-months with a borrowing cost of 3% will generate 13% profit.

Groundfloor New Loans

I opened my Groundfloor account in April. Since then, I’ve been tracking their new loans. Clearly the loan supply is running short. This is a concern as my investment money will increase soon. If the loan shortage becomes an issue, I will have to invest in other platforms. Following table contains all loans issued this quarter.

Date Grade Rate Term Description
04/04/2016 D 16% 9 17 West Wright Street, Winder, GA
04/11/2016 B 9.6% 12 5840 Northwest 72nd Way, Parkland, FL
04/16/2016 B 9.6% 12 2193 Harrington Place SW, Atlanta, GA
C 13.4% 12 249 South 55th Street, Philadelphia, PA
04/20/2016 B 9.2% 6 2573 Barge Road SW, Atlanta, GA
C 13.4% 12 861 South 17th Street, Newark, NJ
04/21/2016 C 13.4% 12 6924 Alyssalaine Drive, Richmond, VA
04/29/2016 C 13.4% 9 3221 East Audubon Road, Montgomery, AL
D 16% 12 8325 Daylesford Road, Parkville, MD
05/06/2016 C 13% 6 18046 Breland Drive, Hudson, FL
D 15.6% 6 69 Zion Acres Road, North East, MD
05/18/2016 B 9.6% 12 335 Turrell Avenue, South Orange, NJ
C 13.4% 12 119 Putnam Street, Paterson, NJ
C 13.4% 12 2035 Clairmont Terrace NE, Atlanta, GA
D 15.6% 6 2717 East Madison Street, Baltimore, MD
D 16% 12 2600 Lyndhurst Avenue, Baltimore, MD
05/21/2016 A 7.4% 9 295 North Claybrook Street, Memphis, TN
B 9.6% 12 824 Hillside Avenue, Plainfield, NJ
D 16% 12 2804 Waterway Boulevard, Isle of Palms, SC
05/26/2016 C 13.4% 9 1662 Euclid Avenue, Memphis, TN
06/08/2016 A 7.4% 12 1004 Creel Drive, Moody, AL
B 9.6% 12 1016 Egret Lane, Rockport, TX
D 16% 9 15323 Sunset Drive, Dolton, IL
D 16% 9 79 Marsh Oak Drive, Brunswick, GA
06/17/2016 B 9.6% 12 8035 South Parnell Avenue, Chicago, IL
B 9.6% 12 6640 South Champlain Avenue, Chicago, IL
B 9.6% 12 318 West 75th Street, Chicago, IL
06/22/2016 A 7.4% 12 1646 Westwood Avenue SW, Atlanta, GA
B 9.6% 12 3412 Country Church Road, Montgomery, AL
B 9.6% 12 476 Maynard Terrace SE, Atlanta, GA
D 16% 9 5388 Kirk Drive, Atlanta, GA
D 16% 12 327 Poplar Street, Graham, NC
06/29/2016 A 7.4% 12 2573 Glenwood Avenue SE, Atlanta, GA
B 9.6% 12 1201 Louise Avenue, Charlotte, NC
B 9.6% 12 1052 McLendon Drive, Decatur, GA

iFunding Investment Offerings

As a loan shortage with Groundfloor continues, I started exploring other real estate crowdfunding platforms for backup. iFunding has a very small number of offerings. However, since each offering size is significantly larger than Groundfloor loans, I only need few good deals to absorb my fund.

Date CoC IRR Term Description
04/04/2016 8.7% 19% 60 Arrow Ridge Apartments
05/25/2016 8% 21% 24 Dania Place Apartments
06/03/2016 8% 18% 84 Golden Pacific Capital Fund
06/20/2016 13% 12 Kingston Court

Realty Mogul Investment Opportunities

Realty Mogul offers many equity opportunities. Equity investment is good for tax benefit, but the holding period tends to be longer.

Date CoC IRR Term Description
04/05/2016 10.04% 17.57% 30 Pintar Residential Fund
04/07/2016 10.5% 16.2% 84 Chesapeake Landing Apartments
04/26/2016 5.4% 15.1% 120 Downtown Savannah Mixed-Use
05/20/2016 4.5% 15.8% 24 Westchester Apartments
05/23/2016 9.6% 15% 84 Beechmill Apartments
05/27/2016 6.7% 120 1031 Exchange: Net-Leased Portfolio
06/08/2016 7.9% 18% 120 Mobile Home Park Fund VII
06/10/2016 6.7% 18.1% 60 Buckingham Apartments
06/20/2016 5.5% 13.2% 60 Brooklyn Multi-family