ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,156
Likes: 4,830
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Post by ozboy on Apr 5, 2021 17:23:47 GMT
I was wrong, I can be shocked, now why don't all P2P work the way they are supposed to. The problem is they do until its too late which is why some folk pool their time and do a huge amount of research/DD on the loan, the borrower and of course the platform. Any whiff of a problem and its dumped. Unfortunately, I think that is the only way to be successful long term in p2p. I think "huge", is actually HUGE.It consumes vast amounts of your time if done even half properly.
Which is why I am now in Funds, I've got my life back.
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Greenwood2
Member of DD Central
Posts: 4,247
Likes: 2,692
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Post by Greenwood2 on Apr 5, 2021 19:29:02 GMT
The problem is they do until its too late which is why some folk pool their time and do a huge amount of research/DD on the loan, the borrower and of course the platform. Any whiff of a problem and its dumped. Unfortunately, I think that is the only way to be successful long term in p2p. I think "huge", is actually HUGE.It consumes vast amounts of your time if done even half properly.
Which is why I am now in Funds, I've got my life back.
Hey this was a huge success for Somo in my opinion, no great lender DD necessary the property was well valued as anyone could see by simply checking on Zoopla, the borrower was a HUGE pain but Somo didn't give up! Credit where credit's due surely? (can't be bothered with bigger fonts, although I could )
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