With $184M, Backflip to offer residential transition loans

The mobile-forward fintech company that marries real estate investment search and analysis with streamlined financing has raised a $184 million through two private credit funds, one a $30M of equity, the other is asset-backed financing of $154 million. Continue reading

Profit margins drop on fixer-uppers as flip sales ramp back up

Fix-and-flip investors have seen their lowest profit margins in a decade, with the typical return falling to 34 percent. Continue reading