---
title: August 2017 Performance Report
description: Read our Fund That Flip Performance Report from August of 2017. Learn about how we originated 20 new loans for total volume of $6.975M, sourced over $127M in loan applications and much more.
---

[Real Estate Investment Blog by Upright, Real Estate Investment](https://learn.upright.us/real-estate-investing-blog)

# [August 2017 Performance Report](https://learn.upright.us/real-estate-investing-blog/august-performance-report)

 Written by [Matt Rodak, CEO and Founder](https://learn.upright.us/real-estate-investing-blog/author/matt-rodak) | Sep 6, 2017 1:32:06 PM

In an effort to promote industry-leading transparency, Fund That Flip provides lenders relevant statistics  related to loan origination and performance.  You will also find updates related to technology and offering enhancements herein. 

 

We are happy to report that August was another strong month of growth. We originated 20 new loans for total volume of $6.975M. We sourced over $127M in loan applications, which provides a solid forward pipeline, allowing us to continue to be selective when choosing which borrowers and projects to fund.

At the end of August, 2.39% of our book was 30 days or more late on payments. The underlying property related to the the one loan 90+ days late is under contract and is expected to be sold in September.  

### Success Story

In addition to a very well-performing book of business, we returned $180,000 of principal to investors in August. Check out our [featured projects](http://learn.fundthatflip.com/topic/featured-flips) each month to see before and after photos of the homes and communities we're helping to improve.  

 

Thanks for your continued support. We appreciate your business and feedback!

Email us at: [InvestorRelations@fundthatflip.com](mailto:InvestorRelations@fundthatflip.com) to schedule a call with a member of our investments team, ask a question or provide feedback.

 

 

Have a project that is ready for transformation? Apply in under 2 minutes to get fast funding for your next real estate project. 

 

[View full post](https://learn.upright.us/real-estate-investing-blog/august-performance-report)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Matt Rodak, CEO and Founder"
  },
  "dateModified" : "2022-11-08T21:36:51.492Z",
  "datePublished" : "2017-09-06T13:32:06Z",
  "headline" : "August 2017 Performance Report",
  "image" : {
    "@type" : "ImageObject",
    "height" : 350,
    "url" : "https://fs.hubspotusercontent00.net/hubfs/2129804/Copy%20of%20Performance%20Report%20%28300%20x%20150%20px%29%20%28LinkedIn%20Post%29%20%28300%20x%20150%20px%29%20%28400%20x%20250%20px%29%20%28500%20x%20350%20px%29%20%28550%20x%20400%20px%29%20%28550%20x%20350%20px%29%20%28500%20x%20350%20px%29%20%2861%29.png",
    "width" : 500
  },
  "mainEntityOfPage" : "https://learn.upright.us/real-estate-investing-blog/august-performance-report",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60.0,
      "url" : "https://2129804.fs1.hubspotusercontent-na1.net/hubfs/2129804/ftf_nav_logo.svg",
      "width" : 248.75
    },
    "name" : "Real Estate Investment Blog"
  }
}
```