07-15-2021, 05:03 AM
Stairs App by GROUNDFLOOR offers a place to stash money for 4%+, higher than a CD, m
<!-- SC_OFF --><div class="md"><p>I began to invest about $10k on the real estate based peer to peer platform Groundfloor. Supposedly, I will get about 9% returns with the money tied up for months at a time (up to 12 months in some cases). As part of that platform, they now offer a realty note based liquid cash product at about 4% returns. You can more the money in and out at will. It is not insured, so if the house flipping market crashes in the southeast US, that liquidity might dry up a bit. I put $5k into Stairs. So far so good.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/rrsafety"> /u/rrsafety </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/okcgef/stairs_app_by_groundfloor_offers_a_place_to_stash/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/okcgef/stairs_app_by_groundfloor_offers_a_place_to_stash/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I began to invest about $10k on the real estate based peer to peer platform Groundfloor. Supposedly, I will get about 9% returns with the money tied up for months at a time (up to 12 months in some cases). As part of that platform, they now offer a realty note based liquid cash product at about 4% returns. You can more the money in and out at will. It is not insured, so if the house flipping market crashes in the southeast US, that liquidity might dry up a bit. I put $5k into Stairs. So far so good.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/rrsafety"> /u/rrsafety </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/okcgef/stairs_app_by_groundfloor_offers_a_place_to_stash/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/okcgef/stairs_app_by_groundfloor_offers_a_place_to_stash/">[comments]</a></span>Kind Regards R