james21
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Post by james21 on Aug 8, 2018 13:34:50 GMT
Just to revive this thread I note that 2364950639..3rd supplemental was funded in short order £51k loan, one investor alone put in £20k, it went quick because of the fact that its a 33% LTV against a quality finished property. Low risk but broke my rule in never investing in FS 2nd ranking loans
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Post by boudicca on Aug 8, 2018 13:38:10 GMT
Just to revive this thread I note that 2364950639..3rd supplemental was funded in short order Everyone likes the really low LTV loans, could do with a few more of these.
Perhaps there should have been some buying limits on this loan too.
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rogerthat
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Post by rogerthat on Aug 8, 2018 13:38:57 GMT
I got shot of all mine a couple of weeks ago..battening down the hatches
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Post by boudicca on Aug 8, 2018 13:41:07 GMT
I got shot of all mine a couple of weeks ago..battening down the hatches Where from ? Were you buying on the secondary market ?
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rogerthat
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Post by rogerthat on Aug 8, 2018 13:46:14 GMT
I got shot of all mine a couple of weeks ago..battening down the hatches Where from ? Were you buying on the secondary market ? Erm...no..I sold it all..half a loaf is better than no bread & capital back
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Post by boudicca on Aug 8, 2018 15:28:55 GMT
Where from ? Were you buying on the secondary market ? Erm...no..I sold it all..half a loaf is better than no bread & capital back My mistake ... if you sold these, your probably selling all you can, guess you are stuck in the other loans. Also stuck in a few, although most (not all) I am happy to hold.
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michaelc
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Post by michaelc on Nov 22, 2018 14:12:31 GMT
A month and a half with no updates and then we get this:
I don't often copy verbatim text from the site but this has got me pretty annoyed.
We have spoken to the broker today who is dealing with our borrower and they are going to call us back once they have an update on the sale of the property.
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Doc
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Post by Doc on Dec 19, 2018 16:29:27 GMT
Loan just repaid in full - Capital + Interest.
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