On Tuesday, real estate crowdfunding platform DiversyFund announced its marketplace will be offering $120MM to fix and flippers for the acquisition and renovation of rest estate throughout California during the next twelve months.
Founder and CEO of DiversyFund, Craig Cecilio, stated:
“When you add the significant interest generated from television shows like HGTV’s Fix or Flop and A&E Network’s Flip This House, you can appreciate the heightened drive to Fix & Flip. We want to help everyone renovate homes because it benefits us all when communities are revitalized.”
Cecilio then added:
“The real estate crowdfunding industry provides unprecedented opportunity to borrowers looking to improve our communities. We are thrilled to be able to be a major contributor to this exciting group of entrepreneurs.”
For more on this story: http://www.crowdfundinsider.com/2016/01/80078-brief-diversyfund-offers-120mm-to-californias-real-estate-fix-flippers
For more on California Real Estate: http://sfvrealestate.blogspot.com