--- title: May 2017 Performance Report description: Read the May 2017 Fund That Flip Performance Report to learn about how we originated 24 new loans for total volume of $7.125M, and much more. Find relevant statistics related to loan origination and performance. image: https://learn.upright.us/hubfs/Copy%20of%20Performance%20Report%20(300%20x%20150%20px)%20(LinkedIn%20Post)%20(300%20x%20150%20px)%20(400%20x%20250%20px)%20(500%20x%20350%20px)%20(550%20x%20400%20px)%20(550%20x%20350%20px)%20(500%20x%20350%20px)%20(64).png --- [![Upright Real Estate Investment](https://learn.upright.us/hs-fs/hubfs/Upright_RGB_PrimaryLogo-2.png?width=175&height=42&name=Upright_RGB_PrimaryLogo-2.png "Upright Real Estate Investment")](https://upright.us/) [![Return Home >](https://no-cache.hubspot.com/cta/default/2129804/90add894-e0b2-4f0c-bc22-7c5b348dd1d7.png)](https://cta-redirect.hubspot.com/cta/redirect/2129804/90add894-e0b2-4f0c-bc22-7c5b348dd1d7) [Back to the Blog](https://learn.upright.us/real-estate-investing-blog) # May 2017 Performance Report June 02, 2017 | By [Matt Rodak, CEO and Founder](https://learn.upright.us/real-estate-investing-blog/author/matt-rodak) ![May Performance report for Fund That Flip ](https://learn.upright.us/hs-fs/hubfs/Rain_umbrella_AdobeStock_124620291resized.jpg?width=367&name=Rain_umbrella_AdobeStock_124620291resized.jpg) 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.  The month of May was one of the best months on record for the Company. We originated 24 new loans for total volume of $7.125M. We sourced over $130M 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 May, 3.48% of our book was 30 days or more late on payments.  ![2017 May Loan Performance.png](https://learn.upright.us/hs-fs/hubfs/2017%20May%20Loan%20Performance.png?width=185&name=2017%20May%20Loan%20Performance.png) ### Success Story We also completed a successful loss-mitigation effort by resolving a loan that had been in default for 183 days. Investors received 100% of their principal and earned interest, including penalty payments. Investors on this project earned an annualized return of 14.85% and cash-on-cash return of 18.48%. We're still proud to say that there has been $0 principal or earned interest losses since founding. [Read more about this success story](https://learn.upright.us/lemons-to-lemonade).    ### Technology and Platform Updates - All [open investments](https://www.fundthatflip.com/deals) in the month of June will have a **reduced service fee of .5%** as a way to thank our investors for helping us hit new milestones in the month of May. - The “Invest Now” process has been streamlined so you no longer need to re-enter your personal or bank information on each investment. - After the minimum investment has been met (i.e. $5,000), investment increments have been reduced to $1,000. This allows more flexibility to allocate in smaller increments. - All projects will now have a minimum investment of $5,000. Previously, [larger projects](https://www.fundthatflip.com/deals/5730) had $10,000 minimums. This is no longer the case. - We’re developing new Lender Dashboards to provide more transparency and data related to your investments. More to come soon on this! 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.   [![Start Investing](https://no-cache.hubspot.com/cta/default/2129804/96f394e8-dd8a-4360-9841-de6e85d3d04a.png)](https://cta-redirect.hubspot.com/cta/redirect/2129804/96f394e8-dd8a-4360-9841-de6e85d3d04a)   Have a project that is ready for transformation? Apply in under 2 minutes to get fast funding for your next real estate project.    [![Get Funded ](https://no-cache.hubspot.com/cta/default/2129804/f0a761db-b262-485e-b182-33df7c4c7db3.png)](https://cta-redirect.hubspot.com/cta/redirect/2129804/f0a761db-b262-485e-b182-33df7c4c7db3) - - - ### Returns up to 13% investing in real estate. Diversify your portfolio with short- or long-term investments, individual or pooled fund offerings, and hundreds of developers and project types throughout the U.S. [![Sign Up](https://no-cache.hubspot.com/cta/default/2129804/9beb5019-97e3-48ab-bc90-ee874cd213ac.png)](https://cta-redirect.hubspot.com/cta/redirect/2129804/9beb5019-97e3-48ab-bc90-ee874cd213ac) ### Loan commitments in about 24 hours, with pre-approval up to $5M to make winning bids. [![Apply Now](https://no-cache.hubspot.com/cta/default/2129804/3420ff91-259d-4238-ae5b-bda78b01cff5.png)](https://cta-redirect.hubspot.com/cta/redirect/2129804/3420ff91-259d-4238-ae5b-bda78b01cff5) [![](https://learn.upright.us/hubfs/Horizon%20April%20Image.png)](https://learn.upright.us/real-estate-investing-blog/horizon-fund-overview-2025-apr) April 21, 2025 ## [Horizon Residential Income Fund I - April 2025 Update](https://learn.upright.us/real-estate-investing-blog/horizon-fund-overview-2025-apr) by [Upright](https://learn.upright.us/real-estate-investing-blog/author/upright) [![](https://learn.upright.us/hubfs/Tariffs%20Image%202025v2.png)](https://learn.upright.us/real-estate-investing-blog/tariffs-and-real-estate-investing) April 04, 2025 ## [Tariffs and Real Estate Investing](https://learn.upright.us/real-estate-investing-blog/tariffs-and-real-estate-investing) by [Upright](https://learn.upright.us/real-estate-investing-blog/author/upright) **[Upright](https://www.upright.us/)** **1300 E. 9th Street, Ste. 800, Cleveland, OH 44114 Real Estate Investment [info@upright.us](mailto:info@upright.us) | [646-895-6090](tel:6468956090) [![Instagram](https://learn.upright.us/hs-fs/hubfs/Email_2023/mdi_instagram.png?width=29&height=29&name=mdi_instagram.png)](https://www.instagram.com/buildwith_upright/)  [![Linkedin](https://learn.upright.us/hs-fs/hubfs/Email_2023/linkedin-icon.png?width=29&height=29&name=linkedin-icon.png)](https://www.linkedin.com/company/buildwithupright/)  [![Facebook](https://learn.upright.us/hs-fs/hubfs/Email_2023/fb-icon.png?width=29&height=29&name=fb-icon.png)](https://www.facebook.com/buildwithupright)  [![TikTok](https://learn.upright.us/hs-fs/hubfs/Email_2023/tik-icon.png?width=29&height=29&name=tik-icon.png)](https://www.tiktok.com/@buildwith_upright?lang=en)  [![X Twitter](https://learn.upright.us/hs-fs/hubfs/Email_2023/x-icon.png?width=29&height=29&name=x-icon.png)](https://twitter.com/build_Upright)  [![YouTube](https://learn.upright.us/hs-fs/hubfs/Email_2023/ytb-icon.png?width=29&height=29&name=ytb-icon.png)](https://www.youtube.com/@buildwithupright)  [![Events](https://learn.upright.us/hs-fs/hubfs/Email_2023/calendar-icon.png?width=29&height=29&name=calendar-icon.png)](https://www.upright.us/events)**   Past performance is not indicative of future performance. Investors should not rely on forward-looking statements because such statements are inherently uncertain and involve risks. No returns are guaranteed and these types of investments involve a high degree of risk.   Neither the Securities and Exchange Commission (SEC) nor any federal or state securities commission, or any other regulatory authority has recommended or approved of the investment or the accuracy or inaccuracy of any of the information or materials provided by or through the website. Direct and indirect purchase of real estate property involves significant risks, including, but not limited to risk related to sale of land, market and industry risks, and risks specific to a given property. Investments are not bank deposits, are not insured by the FDIC or by any other Federal Government Agency, are not guaranteed by Fund That Flip, Inc. dba Upright, and may lose value.   Fund That Flip, Inc. dba Upright does not make investment recommendations and this message should not be construed as such. This message is not an offer to sell or the solicitation of an offer to buy any security, which can only be made through official offering documents that contain important information about risks, fees, and expenses. Any investment information contained herein has been secured from sources Fund That Flip, Inc. dba Upright believes are reliable, but we make no representations or warranties as to the accuracy of such information and accept no liability therefor. We recommend that you consult with a financial advisor, attorney, accountant, and any other professional who can help you to understand and assess the risks associated with any investment opportunity. If and when Fund That Flip, Inc. dba Upright is able to make investment opportunities available, only accredited investors who submit required verification will be able to invest.     **© Fund That Flip, Inc. dba Upright, 2024  | [Privacy Policy](https://www.upright.us/legal?tab=privacy-policy) | [General](https://www.upright.us/legal?tab=terms)[Terms of Service](https://www.upright.us/legal?tab=terms) [|](https://www.fundthatflip.com/terms-of-service) [Investment Terms of Service](https://www.upright.us/legal?tab=investment-tos)**     ![](https://www.facebook.com/tr?id=1484345195216823&ev=PageView&noscript=1) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Matt Rodak, CEO and Founder", "url" : "https://learn.upright.us/real-estate-investing-blog/author/matt-rodak" }, "dateModified" : "2022-10-28T10:31:30.102Z", "datePublished" : "2017-06-02T21:47:36.000Z", "headline" : "May 2017 Performance Report", "image" : [ "https://learn.upright.us/hubfs/Copy%20of%20Performance%20Report%20(300%20x%20150%20px)%20(LinkedIn%20Post)%20(300%20x%20150%20px)%20(400%20x%20250%20px)%20(500%20x%20350%20px)%20(550%20x%20400%20px)%20(550%20x%20350%20px)%20(500%20x%20350%20px)%20(64).png" ], "mainEntityOfPage" : { "@id" : "https://learn.upright.us/real-estate-investing-blog/may-performance-report", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://learn.upright.us/hubfs/Upright_RGB_PrimaryLogo-1.png" }, "name" : "Upright" } } ```