Y*rk P**ce B*th

new

« Prev
1
Next »

rogerthat
Member of DD Central

Posts: 2,048

Likes: 1,994

Y*rk P**ce B*th Apr 10, 2018 1:01:56 GMT Liz likes this

Quote

Post by rogerthat on Apr 10, 2018 1:01:56 GMT

Cant find a thread on OF so merge if necessary please Mods

11am 11/04/18

2314359621 2nd tranche
£200K @ 13%..LTV 70%

Other than an increase of 1% (to 13%) from the 1st tranche 4664317317 (162 days in my LB) borrower has another loan (see DD )

Opinions anyone ?

Last Edit: Apr 10, 2018 1:06:39 GMT by rogerthat

Liz
Member of DD Central

Posts: 2,426
Likes: 1,297

Y*rk P**ce B*th Apr 10, 2018 2:28:20 GMT via mobile adrian77 and rogerthat like this

Quote

Post by Liz on Apr 10, 2018 2:28:20 GMT

I will pass, as I'm not keen on these development loans unless the LTV is much lower. Sub 50% at least, at this stage of development. Too many have gone wrong.
Just too high risk for me, even at a higher interest rate. I also think you know who, might have his smutty stick out again!

Edit: What does LB stand for? Loan Book maybe

Last Edit: Apr 10, 2018 2:29:28 GMT by Liz

« Prev
1
Next »