Backflip Real Estate Investing 4+

Backflip

Designed for iPad

    • 4.3 • 50 Ratings
    • Free

Screenshots

Description

Backflip is an all in one platform that gives you the insights, capital and community to find and fund your fix and flip real estate deals.

CHOOSE FROM THE BEST COMPS AND FORECAST PROFIT FOR ANY PROPERTY ADDRESS
Backflip’s Analyzer is a powerful, customizable tool that streamlines your investment process by providing the latest public record and MLS data, enabling you to instantly refine comps and rehab details to assess a deal's potential profit and ROI.

The best 3 comps are highlighted, which you can quickly review and refine based on your own market knowledge. Edit your results to factor in what you care about: recency, distance, beds & baths, home type, price per sq ft, and after-repair value. The Analyzer is an easy to use investment calculator that helps you make confident decisions.

GET A LOAN
Backflip’s lending products are designed with real estate investors in mind. Get pre-approved with no strings attached and move through our easy application process. We’ll even assign you a lending expert to find you the financing tailored to your investment strategy and situation.

NEVER MISS THE PERFECT PROPERTY
"My Leads" empowers you to find the perfect property by automating the detection, analysis, and filtering of potential deals that fit inside your personal buy box, saving hours of manual work and ensuring no lucrative opportunity is missed.

This is what REI pros are saying about Backflip:

JAY, DALLAS, TX
“The way Backflip moves is different, more like a community. I think of Backflip more like a partner than a lender.”
Experience: 18 properties

STACY, DENVER, CO
“Backflip offered me great terms. They were easy to work with and very responsive through the whole process. An outstanding option!”
Experience: 6 properties

LAURA, DALLAS, TX
“To get back into real estate, I was looking for something that was simple, easy to navigate, with the right education up front—I found Backflip!”
Experience: 1 property

What’s New

Version 3.0.30

Bug fixes

Ratings and Reviews

4.3 out of 5
50 Ratings

50 Ratings

Czaerio ,

Easiest Hard Money Lender to Work With

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.

Godhawk ,

Want to Love it - Almost there

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.

Developer Response ,

Hi Godhawk - We're happy to share that with the help of your feedback, our latest update has addressed all of these issues and have been fixed!

In addition to the bugs fixed previously, when you update your app, you'll find not only a completely redesigned app, but also a new calculator where you can enter insurance, tax, and realtor percentages in the one-time cost field. Additionally, you have the ability to enter other monthly holding costs that are outside of your loan payment and rehab costs, so you can be sure the ARV and profit calculations are more accurate. Plus, comps now have clear listing statuses.

Thank you again for sharing your thoughts, and bearing with us as we work to give our members the best possible experience when using our app! Your feedback has been invaluable in making these improvements.

Cphousing ,

Driving for Dollars is next level!

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.

App Privacy

The developer, Backflip, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Data Used to Track You

The following data may be used to track you across apps and websites owned by other companies:

  • Identifiers

Data Linked to You

The following data may be collected and linked to your identity:

  • Financial Info
  • Contact Info
  • Search History
  • Identifiers
  • Usage Data
  • Diagnostics

Data Not Linked to You

The following data may be collected but it is not linked to your identity:

  • Location

Privacy practices may vary, for example, based on the features you use or your age. Learn More

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