We're thrilled to share the exciting news that Backflip has raised $15 million in Series A funding, led by @firstmarkcap⭐️
We can't wait to continue to aid real estate investors in rejuvenating and modernizing communities across the country. 🚀
https://t.co/vz8c1UqgdK
🚀Our CEO @JoshErnstNYC recently spoke with
@TECHBLITZ_JP about our mission to empower the next generation of real estate entrepreneurs, diving into how Backflip is helping them move faster, smarter, and more profitably 🏡
Check it out: https://t.co/RaslRc34fy
BIG NEWS: Backflip is now lending in California! 🌴🚀
Starting today, real estate investors can access fast, personalized financing for investment properties across the Golden State.
Get a loan quote to fast-track your deal👉https://t.co/7ngIuP8I6X
🌵 Last week, our team traded laptops for desert views at our offsite in Phoenix, AZ!
In-person time is more than a luxury for a remote team - it's a vital part of our culture at Backflip. These offsites fuel the innovation and camaraderie that make Backflip thrive💡✨
🚴♂️From cycling to real estate, Howard Montaque knows what it takes to reach the finish line. He’s sharing how he’s using real estate to build financial freedom.
Watch his journey & learn how he’s making an impact in his community with Backflip! 💡🏘️
https://t.co/KnOuZ7EOII
🚀 We just raised $184 MILLION to fund your flips! 🚀
We can't wait to continue bridging the housing affordability gap and creating profitable opportunities for residential real estate investors to improve the current housing market.
https://t.co/UAz1ggcy6v
Transforming spaces and growing portfolios – this Colorado flip from Backflipper, Brian F. is a perfect example of turning vision into value! 💵✨
Purchase Price: $504,000
ARV: $795,000
Rehab Budget: $120,000
Sold: $809,000
LTC: 90%
🙌 Funded by Backflip
Introducing Market Trends💫
📲Access market insights from your phone for any zip code in the U.S.
✅Daily updates on median price, median DOM, sales:listing ratio & inventory outlooks
💪🏼Make more informed investing decisions or explore new markets to diversify your RE portfolio
The happy hour that no one wanted to leave!🍻 Last week Backflippers, Deanna & Mario, hosted a HH for real estate investors in Jacksonville, FL, & you know it’s been a great time when you look at your watch & see that you’ve spent several hours with new friends in real estate🤝
A sunroom fit for every season!🌞🍂❄️Take a look at the entrance to this beautiful Denver home from Backflippers, Jesse and Rachel, who turned it into a bright & inviting haven for new generations of families for years to come
13 days to close
PP: $800K
ARV: $1.2M⭐
Sold: $1.4M
This might be the most drastic transformation we've seen yet! 😍
📍 Plano, TX by Backflippers Jakeeta and Donte Marzett
🙌 Funded by Backflip
13 days to close
Purchase Price: $253,000
ARV: $440,000 ⭐
Sold For: $450,000
We have officially helped rejuvenate over 1,000 homes! 🎉
We're so proud to hit this milestone and the thousands of lives that have been touched in the process.
👉 Check out the *NEW* interactive map of the 1000+ flips on our website https://t.co/cdGncArQHo
From worn to WOW!🤩 This Dallas, TX house, renovated by Backflipper, Nicole C., has been masterfully rejuvenated with a touch of modern elegance🏠✨
PP: $595,000
ARV: $955,000
LTC: 94% (using our Zero Gravity loan product)
10 days to close
At our recent Behind the Flip event, we partnered with expert investor, Derek Marlin, who graciously took us behind the scenes of his latest million dollar flip in Denver, CO 🏡
He shared insights on deal sourcing, budget management, renovations, & everything in between 👇
Fast-track your journey to financial independence with our upcoming webinar ft. expert real estate entrepreneurs, @theficouple 💥
Dive into the world of savvy investing💰from finding properties to funding them, Ali & Josh will cover it all!
Sign Up👇
https://t.co/gaMclHjNN9
Old room, new story 😍
We were so excited to partner with Backflipper, Marcus Flores to fund another one of his projects (this makes #4)
💥Let's get into the numbers...
Purchase Price: $475,000
ARV: $720,000 ⭐
Sold For: $725,000
What do you think of this transformation?
💰If you've struggled with finding borrower-friendly funding options for your flips, you're not going to want to miss tomorrow's webinar!
Ask questions about the personalized, creative financing options available to real estate entrepreneurs.
https://t.co/ku60uI3MOb
Last week we shared the news of our $15M Series A 🎉 As we move into this next stage, we thought now would be a good time to reaffirm our values, our goals, and why we’re passionate about what we’re building.
Read about what's to come for Backflip here 👇
https://t.co/PG1IgyeX0T
We're incredibly grateful for @FirstMarkCap's support in leading our Series A funding and for their belief in our mission to empower real estate entrepreneurs!🚀 Thank you to @adamn for sharing exciting insights on why they're enthusiastic about Backflip🏡 https://t.co/R50giIP5Ra
Addressing the structural lack of supply of single family homes is one of the most challenging & exciting problems today. Excited to be partnering with the @do_backflip team and @JoshErnstNYC & @romejake1
@DezFleming@do_backflip@JoshErnstNYC Thanks @DezFleming + @adamn, and agreed 💯!
The existing housing stock is old, obsolete and largely unaffordable. Local entrepreneurs are a mission critical ingredient in maintaining a built environment that works for current and future generations.
🏚+👷♂️+🛠+📱+💸 = 🏡 ❤️