iPhone Screenshots

Description

Flip Factory App is the first fintech platform to provide an end-to-end solution for Payment and Project Management. Proven processes, trade networks, and scalable production, all while reducing risk.

Flipping houses is hard. We have taken years of processes and procedures and built them into an app that will help you plan, fund, manage, and pay for your project.

Plan:
So, you’ve started your flip: what comes next? You can start with one of our expert templates and customize to fit your project. Still need help? You can invite a GC through the app to help you put the final budget together. Once the Plan is complete and agreed upon, it is locked in, and can be contracted against.

Fund:
Every project in the platform receives its own Project Wallet. This wallet is owned by the Investor, but belongs to the property under construction. The money in that Project Wallet can be used only for that project and according to the Project SOV (Schedule of Values). This ensures a safe and simple distribution of funds for every phase of that project.

Manage:
Once the Plan is set and funds are in place, the machine goes to work: Contracts are extended and accepted inside the program, and Subcontractors work exclusively in the app. Contracts, invoices, and change orders are all initiated, executed, and stored in the app—anytime, anywhere, 24/7.

Pay:
This is the first end-to-end Fintech app that handles the direct payment of Subcontractors and Material Providers. Upon approval of an invoice, funds are automatically transferred to the recipients’ Digital Wallet. Upon receipt, they can transfer them to their bank through a next-day ACH transfer. No more paper invoices or checks!

Who is this app for?

Investors / Owners:
Flip Factory App was built by investors, for investors—beginners and experienced house-flippers alike. It combines a proven method with necessary discipline: investors start with an expert process, and follow it through to the project’s completion. The program creates true cost-effective scalability for owners and investors that allows for more projects, without loss of control or profit.

Lenders:
For Lenders, Flip Factory App means risk reduction, primarily through putting a padlock on the budget and schedule. Flip Factory App provided the world’s first end-to-end transparent execution of payment management, ensuring that funds invested in a property are used for that property only. The app was built to support the Investor / Owner in every step of the renovation process, increasing the probability of each flip closing on time, and on budget.

Contractors:
Construction is hard—and we believe cash flow is at the root of all project problems. Flip Factory App removes the stresses from project cash flow, and allows Contractors to focus on the work they love. In addition to removing cash flow stress, the reduction in time spent on invoices, change orders, and payments will be immense. The app allows for paperless accounting, initiating and processing everything through the program itself. It truly is Project Management in your pocket!

Subcontractors / Material Providers:
Money: guaranteed payments, direct and immediate! Having your own Digital Wallet within the app allows payments to be sent immediately and transferred to a personal bank, next-day and for free.

Time: with Pocket Invoices and one-click Change Orders, your company can be run from your phone on the jobsite. No more late-night paperwork sessions after a long day on the job.


Fintech Note: Remember, this app is a financial tool to help people stay safe while increasing the speed of money. All participants will be required to pass an industry KYB (Know Your Business) verification with our outside Business Verification partner.
Once the verification has passed, you are Free to Get More Done!!!

Come see more at www.flipfactoryapp.com

Sign-Up Today – It’s Free!

What’s New

Version 1.6

- Contract change orders, creation, negotiation, and GC approval and payment
- Automatically "fund" $0 line items
- New "note/reminder" type line items
- Better messaging for locked account
- Other bug fixes and UI improvements

Ratings and Reviews

3.5 out of 5
2 Ratings

2 Ratings

App Privacy

The developer, Flip Factory USA, 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 Not Collected

The developer does not collect any data from this app.

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

Supports

  • Family Sharing

    With Family Sharing set up, up to six family members can use this app.

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