poppyland
Member of DD Central
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Post by poppyland on Feb 2, 2018 11:06:46 GMT
I'm considering increasing my holdings in the loans 83 - 86. What do people think of these loans? I can see they are taking a long time to fill, which perhaps answers my question indirectly. Thanks!
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Post by spareafewcoppersguv on Feb 2, 2018 11:37:55 GMT
I'm considering increasing my holdings in the loans 83 - 86. What do people think of these loans? I can see they are taking a long time to fill, which perhaps answers my question indirectly. Thanks! Good question. Good answer. I won't be in these...
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poppyland
Member of DD Central
Posts: 237
Likes: 243
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Post by poppyland on Feb 2, 2018 12:04:52 GMT
Thanks for this. Getting started on a new platform is always a risky time for a P2P investor, and I'm beginning to see that the loans that are most easily available are by definition the ones that no one else wants. Most of my dodgy FS loans were bought in the early days after I joined the platform, and before I had developed a good strategy. I've already committed a fair chunk of money to these Collateral loans - now I'll just have to hope that Collateral are really as good as everyone says they are, and that I haven't landed myself with a couple of lemons!
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stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
Posts: 1,442 
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Post by stub8535 on Feb 2, 2018 12:07:26 GMT
I'm considering increasing my holdings in the loans 83 - 86. What do people think of these loans? I can see they are taking a long time to fill, which perhaps answers my question indirectly. Thanks! Good question. Good answer. I won't be in these... I suspect it's mainly due to the size of the loans and limit on money/ investors available that is having the biggest impact. The 3 connected properties for this borrower collectively and the usual misinformation/ rumour mill that is mainly unverified is keeping investors cash in other places. Shame if this offering needs to go elsewhere to fill.
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Post by df on Feb 2, 2018 12:44:47 GMT
Thanks for this. Getting started on a new platform is always a risky time for a P2P investor, and I'm beginning to see that the loans that are most easily available are by definition the ones that no one else wants. Most of my dodgy FS loans were bought in the early days after I joined the platform, and before I had developed a good strategy. I've already committed a fair chunk of money to these Collateral loans - now I'll just have to hope that Collateral are really as good as everyone says they are, and that I haven't landed myself with a couple of lemons! I don't think slow filling of these loans is caused by the quality, they are not very different from many other loans. There simply aren't enough investors for high risk property loans, not just on this platform, we've seen many large loans filling slowly on MT, Ly and FS. There is also a good chance that these 3 loans won't go ahead and your capital and interest will be returned. In any case, IMO it is a good strategy not to invest too much in a single loan unless you are an expert.
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elliotn
Member of DD Central
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Post by elliotn on Feb 2, 2018 13:22:46 GMT
I'm considering increasing my holdings in the loans 83 - 86. What do people think of these loans? I can see they are taking a long time to fill, which perhaps answers my question indirectly. Thanks! For latest thoughts look at the existing threads for -86 and Borrower -153.
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