Backflip Real Estate Investing

I spent the last year following b.s. “gurus” and talking heads on YouTube - all of them with their special formulas to determine the elusive after-repair value. I’ve gone through spreadsheets designed by them, entire softwares specializing in it and on and on. None of them give me that magic number as accurately and quickly as BackFlip does. It’s so incredibly simple and it pulls leads right from my email inbox. Thank you, BackFlip. I’m hoping I can work with you on a loan soon!

Downloaded the app and was amazed with the claims of being a one stop shop for R.E investors. But once you get past the facade you realize it’s nothing more than a driving for dollars app. I sent in my loan application months ago, haven’t heard a word from the “backflip team”. Don’t waste your time here if you are looking for funding. Also I can not trust a company that doesn’t have a customer service number to call. Really you can’t even contact them at all.

Backflip is awesome. World-class product supported by a world-class team that has your back!

This app is super fun and addictive, while at the same time mysterious and buggy. Am I being led to believe that I can find all my own comps without the help of a realtor? Or is this info even accurate? I haven’t talked to anyone else who has used it yet so I feel a bit like I’m beta testing. I have heard good things about them as a lender, though!

I highly recommend backflip wether you are new or experienced to investing in real estate. The app is great and so is their team. They are constantly working to make sure you get the best results.

As a full-time real estate investor, and having tried out a few lenders, Backflip is by far the best hard money lender there is. They make the process incredibly easy from start to finish and everyone on their team is amazing to work with. From analyzing properties on the app, to ordering rehab draws in their portal, you will not find a smoother loan process out there. Whether you’re a beginner looking for your first project, or an experienced investor looking for other options, you will not be disappointed with Backflip.

I learned about this app at a real estate conference and gave it a try. Now I use this several times a week to run deals and I’m now under contract within less than a month! Highly recommended!!

This app has so much promise. I can see this being incredibly powerful… and it’s pointing that direction… but it’s not there yet. Glitchy and “calculations” are gimmicky, very basic and don’t include selling costs such as agent fees. So There’s 4 things I need to see it do better before I rely on it. 1) Comps need to be clearly labeled between sold homes/prices, active listings, and pending prices. Sometimes they say “sale price” and you can’t determine if that means sold or active. 2) When you add and remove comps sometimes it saves, sometimes it doesn’t, and sometimes you just can’t add or remove… no matter if you reboot the app or not. This needs to be fixed. 3) the ARV and Profit numbers are misleading. They don’t allow you to put in holding costs (of using their lending you have the app for), insurance, tax, or realtor % when you sell later. These are big costs and should be noted. 4) when I edit a property that is a different sqft then in the numbers the app pulled back, it still calculates ARV with the original numbers. The app will store my edited data that a house is 2000sqft, and arv will say 200/sqft, but the total arv will still calculate at 2500sqft and show 450k ARV. I’m glad I don’t use this to buy on fly. Fix these issues and I’d give it 5* in no time.

This app is so helpful and easy to use. Really helps to do quick analysis and get loans. I also like their new Live D4D feature. Thanks Backflip!

I downloaded the app this week after hearing about Backflip through a colleague of mine and the Driving for Dollars feature is amazing! All you have to do is point your camera at any house and it will give you the address, ARV and suggested comps. Great addition to my toolkit and I am excited to see what will be coming next.