At Groundfloor, we’re always inspired by the stories of borrowers who use our loan products to bring their visions to life. Christopher, a Groundfloor borrower since 2019, shares how he discovered real estate investing, successfully leveraged Groundfloor’s financing options, and how he’s working toward turning his side hustle into a full-time career!
Sure. I’ve always had a day job in a different field, but in 2019, I decided to explore real estate on the side. I started with flipping residential properties, which was entirely new to me at the time. A family member who had experience in the field brought me in on a project, and that’s how I got introduced to the world of flipping and new construction. That same family member also introduced me to Groundfloor as a financing option, and it’s been a game-changer for me ever since.
Initially, it was just about earning a little extra income, but it quickly became something I truly enjoyed. There’s something incredibly satisfying about taking a property, improving it, and seeing it all come together. Over time, it turned into a passion. I’m even studying for my general contractor’s license to expand my skill set. My goal is to make real estate development my full-time focus next year.
Like I said, I first heard about Groundfloor through my family member, who had used it for a project so my first experience with Groundfloor was back in 2019. Like any new process, there were a few hiccups in the beginning with the platform, but I’ve seen how much it’s improved since then. I love how open to feedback you all are. Now, the technology is seamless, and everything from applying for loans to tracking budgets is incredibly straightforward. It’s made managing my projects so much easier!
So far, I’ve completed 3–4 projects with Groundfloor and currently have two new constructions underway. When I choose a lender, I look at factors like the cash required to close and flexibility. One thing I really appreciate about Groundfloor is that they allow you to finance the land first and then refinance into a construction loan. That’s a unique feature that has been incredibly beneficial for me.
The platform is excellent. It allows me to track every aspect of my loan—from budget updates to remaining loan balances—all in one place. The transparency and ease of use make the entire process seamless. I’d also like to give a shoutout to my Groundfloor rep, Steven. He’s been fantastic and always ensures I’m connected with the right people when I have questions.
Sure. One of my recent projects was at 57 Murray Avenue. I used Groundfloor for both the land and construction financing, totaling $287,500. We sold the property for $425,000. It was a great experience and a good return on investment. Groundfloor’s support throughout the process made it a smooth and successful project.
57 Moury Ave SE, Atlanta, GA 30315
From Start to Finish:
Start with a lender that will make the process as straightforward as possible. Having a clear understanding of your loan product and someone you can reach out to with questions is invaluable. Groundfloor’s team has been incredibly accessible and supportive, which is crucial when you’re starting out and still learning the ropes. My advice? Don’t overthink it — just jump in and find a great partner like Groundfloor to guide you.
Right now, I’m focused on the Metro Atlanta area. It’s a market I know well, and there’s a lot of opportunity here. However, once I go full-time, I’m definitely open to expanding into other markets. I’m excited about the potential to grow, and I’m glad that Groundfloor targets markets throughout the U.S.
Absolutely. I’d recommend Groundfloor to anyone looking to get into real estate development, especially those who are just starting out. They provide opportunities for people who may not have a lot of experience but are eager to learn and grow. It’s a great way to get your foot in the door and build your confidence in the industry.
Thank you so much, Christopher, for sharing with us and we look forward to continue working with you on your future projects! Christopher’s story is a testament to how passion, determination, and the right financing partner can turn a side hustle into a thriving business.
If you’re considering starting your journey in real estate development, take it from Christopher: the first step is finding the right team to support you. At Groundfloor, we’re proud to be part of his journey and look forward to seeing what he accomplishes next.
Visit groundfloor.com/borrower to learn more about how our lending products can help you finance your next project.