Updated
Investors searching Fund That Flip alternatives or Upright alternatives have usually decided the tech-forward platform is not the right fit for this file — not that the lender is bad. They want credible capital with honest tradeoffs on portal UX versus local underwriting depth.
Fund That Flip rebranded to Upright — both names appear in forum threads and discovery calls. This roundup covers both names.
This page is editorial and educational — not disparagement. Fund That Flip / Upright is a separate company; program terms change. Verify current rate sheets on your file.
Author: Jason Taken, Principal · Related: Kiavi alternatives · New Silver alternatives · Best hard money lenders 2026
Methodology & disclosures
- How we compare: Assessment based on published lender marketing, investor deal-flow patterns, and Jaken Finance Group program parameters as of 2026. We do not scrape live rate tables or imply endorsements.
- Not financial advice. Programs change without notice.
When investors look for Fund That Flip / Upright alternatives
| Trigger | What the sponsor needs |
|---|---|
| Non-template property type | Chicago two-flat, DC row home, heavy rehab scope |
| Local permit timelines | Draw cadence that matches inspection reality |
| Focus-market economics | RLTO, TOPA, coastal insurance in pro forma |
| Bridge-to-DSCR continuity | Same lender for acquisition and refi |
| Boutique file attention | Complex file vs platform queue |
Fund That Flip / Upright wins on tech-forward origination, online draws, and SFR template speed. Alternatives win when local economics and property type dominate underwriting.
Upright rebrand — why searches still say Fund That Flip
Fund That Flip rebranded to Upright in the investor lending space. Forum posts, old term sheets, and broker referrals still use the legacy name — both names point to the same digital fix-and-flip platform. This page covers both.
| Search term | Same lender context |
|---|---|
| Fund That Flip alternatives | Legacy brand searches |
| Upright alternatives | Current brand searches |
| FTF hard money | Broker shorthand |
Portal UX vs local underwriting — decision frame
| If your priority is… | Lean toward… |
|---|---|
| Online draw requests + dashboard | Fund That Flip / Upright, Kiavi, New Silver |
| Chicago two-flat comp packet | Jaken Finance Group focus-market hubs |
| National experience tier grid | Lima One, RCN |
| Bridge + DSCR one relationship | Jaken Finance Group in IL/IN/NC/GA/FL/SC/DC |
Fund That Flip / Upright alternatives compared (2026)
1. Jaken Finance Group — focus-market bridge + DSCR
Best for: Investors in Illinois, Indiana, North Carolina, Georgia, Florida, South Carolina, and Washington DC/DMV — especially multifamily, row homes, and coastal insurance diligence.
| Factor | Snapshot |
|---|---|
| Close speed | 7–10 business days on a complete fix-and-flip or bridge file. DSCR closes in about 14 business days |
| Leverage | Fix-and-flip: the lower of 100% of cost and 75% of after-repair value. Bridge: up to 90% of purchase |
| Differentiator | Metro hubs, case studies, bridge-to-DSCR on one relationship |
Pre-qualify with Jaken Finance Group · Focus-state comparison
2. Fund That Flip / Upright — the incumbent you are leaving
| Factor | Snapshot |
|---|---|
| Products | Tech-forward fix-and-flip bridge |
| Strengths | Online portal, draw requests, digital-first UX |
| Tradeoffs | Template bias on complex urban multifamily |
3. Kiavi — national platform + market data
Best for: Multi-state SFR sponsors who value platform UX and Fix-and-Flip Market Pulse research.
See: Kiavi alternatives · Jaken Finance Group vs Kiavi
4. New Silver — digital-first SFR bridge
Best for: Experienced sponsors who want fast digital SFR bridge with published rate bands.
5. Lima One Capital — national experience tiers
Best for: Published LTC/LTV grids and rental portfolio continuity nationally.
See: Lima One vs Jaken Finance Group · Kiavi vs Lima One
Typical Upright / Fund That Flip sponsor workflow
- Digital pre-approval — upload entity docs and purchase contract in portal
- Term sheet — LTC tier based on experience score
- Close — wire on template SFR timeline
- Draw requests — photos + invoices submitted online per milestone
- Payoff — resale or handoff to separate DSCR lender
When step 4 breaks down because local inspections do not match template milestones (Chicago BOH, DC HP review), compare a focus-market lender instead of another digital platform.
Digital lender shortlist (not a generic side-by-side)
| Need | Compare |
|---|---|
| Portal + market data | Kiavi alternatives |
| Published rate bands | New Silver alternatives |
| Experience-tier portfolio | RCN Capital alternatives |
| Two-flat / row home file | Focus-state comparison |
Tools: Fix and flip calculator · DSCR calculator
Tech lenders vs focus-market lenders
National tech platforms optimize for throughput and standardized files. When your pro forma depends on:
- Chicago RLTO expense on a two-flat hold
- DC TOPA timeline on a row-home exit
- Florida wind/flood tiers on DSCR ratio
…compare a focus-market lender alongside any digital platform.
National roundup: Best hard money lenders 2026
What Upright publishes about itself
Fund That Flip’s current site is Upright. This is their marketing, not an audit of a rate sheet. As of this reading, the site describes:
- Hard-money loans as short-term, interest-only financing for residential rehab, new construction, and portfolio projects.
- DSCR rental loans as 30-year or 15-year adjustable, fixed, or interest-only loans.
- A claim of over $2 billion funded across 35 states.
- A note program for accredited investors. Site copy says they can earn up to 9%–12% on real-estate-backed offerings.
Treat the dollar total, the state count, and the investor yield as Upright’s own claims. Confirm them on a live term sheet. Jaken Finance Group is a different company. It lends in all 50 states. Fix-and-flip and bridge loans are 8.99%–13.5% interest-only and close in 7–10 business days on a complete file. DSCR loans are 5.75%–10.5% and close in about 14 business days. A 35-state footprint and a 50-state footprint are not the same application. If your property sits outside the states a platform actually funds, the portal speed does not matter.
Jaken Finance Group does not publish an investor-note product on this page. Do not compare a borrower’s interest rate with an accredited investor’s yield. Those are opposite sides of the same loan.
Confirm the state before you upload a package
Upright’s homepage states a 35-state footprint. It does not, on that page, list the 35. Before you pay for an appraisal or wire an earnest-money deposit, ask the lender to name your state in writing. A portal that accepts the upload and declines at term-sheet is how sponsors lose a contract date.
Jaken Finance Group’s published coverage is all 50 states. That does not mean every rural property, every acreage parcel, or every condo will be approved. It means the first screen is the property and the exit, not a missing state on a coverage map. If you are comparing shops, put the state, the property type, and the exit in the first email to each of them. Rate quotes that skip those three facts are not comparable.
The same file, priced two ways
Example. Purchase $260,000. Rehab $40,000. All-in cost $300,000. After-repair value $390,000. You plan to sell in six months. Figures are an illustration.
On a Jaken Finance Group fix-and-flip, 100% of cost is $300,000. Seventy-five percent of $390,000 is $292,500. The lower number is $292,500, so you bring $7,500 before closing costs. At an illustrative 11% interest-only, the payment is about $2,681 a month. Six months is about $16,088.
A platform quote at 90% of cost would be $270,000. You would bring $30,000 plus costs, even if the rate were lower. Cash in, not the coupon, decides whether the deal fits your account. Ask each lender:
- Is the cap a percent of cost, a percent of after-repair value, or the lower of the two?
- Is interest charged for a minimum number of months if you sell in month three?
- Who orders the draw inspection, and how many days after photos does the wire go out?
- Can the same lender refinance a rental later, and in how many business days?
Draw lag is a cost. If a milestone sits for three weeks, you still owe the interest-only payment. On the $2,681 example, three extra weeks is about $1,850 if you use a 365-day year ($292,500 × 0.11 ÷ 365 × 21). A local inspector who can visit a Chicago two-flat or a Florida ranch on the contractor’s schedule can be worth more than a quarter point of rate. That is a file question, not a slogan about technology.
Questions that separate a real alternative from a second portal
Use this list on Upright, on Jaken Finance Group, and on any other shop in the roundup. Write the answers in the same units.
| Question | Why it changes the profit |
|---|---|
| States actually funded | A 35-state claim leaves 15 states to confirm. Do not guess which ones. |
| After-repair cap | 75% of value can bind even when cost leverage looks generous |
| Experience tier | A first flip often means more cash in, at any brand |
| Insurance states | Florida wind and flood quotes belong in the payment, not in a footnote |
| Exit product | A DSCR refinance in about 14 business days is not the same clock as a 7–10 day purchase |
| Who you call when a draw stalls | A dashboard and a person solve different problems |
Freddie Mac’s survey averaged 7.28% on a 30-year fixed rate as of October 1, 2026, and 6.60% on a 15-year fixed rate. Sponsors still use short-term debt because that survey loan does not fund a rehab draw or skip the income review. The gap between 7.28% and a low-teens interest-only coupon is the price of calendar and of collateral-first underwriting. Pay it only when the resale or the refinance still works after points, reserves, and the value cap.
If the platform declined you for property type, not for a broken spread, a focus-market lender is the next call. If the spread only worked above 75% of a real after-repair value, switching brands will not fix it. Run the fix and flip calculator on the lower of the two caps before you apply again. For the rental exit, use the DSCR calculator and a 14 business day close, not the purchase timeline.
Phone for a Jaken Finance Group file is (833) 264-7776. Have the purchase price, the rehab total, the state, and the exit ready. Those four facts do more than a brand comparison.
Bottom line
Fund That Flip alternatives are about matching portal speed to file complexity. Tech lenders win on UX and template SFR; focus-market lenders win when local details change the pro forma.
Run your deal through every eligible lender — the right answer closes on your timeline with terms that survive your rehab scope.
Pre-Qualify with Jaken Finance Group · (833) 264-7776
Rates, terms and conditions offered only to qualified borrowers and are subject to change without notice. Fund That Flip, Upright, and other named lenders are separate companies; this page is Jaken Finance Group’s educational comparison only. Jaken Finance Group only finances non-owner occupied investment properties.