Updated over 2 years ago on . Most recent reply
Anybody invested in Ground Floor LROs or Notes?
So I have been researching crowdfunding Hard Money Loans and I found Ground Floor. There are 2 types of investments, one thru LROs and another is Notes. I was not able to find any info in regards to their risks in case GF goes bankrupt. Customer service replies are not clear to me.
Does anyone here know what happens to LROs and Notes seperately if GF bankrupts? What are the individual risks here?
Most Popular Reply
@Matthew J.
Recommend join groups like left field investors to find additional sponsors. Also check some broker-dealer sites such as dalmorefg.com who brokers the majority of regulation. A+ offerings
I would not listen to anyone online anyways about what would happen and have an attorney review the offering and subscription agreement.
Typically if a company goes bankrupt the assets are liquidated and what’s left (which is usually not much) it goes to preferred share holders then common share holders.
- Chris Seveney
