poppyland
Member of DD Central
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Post by poppyland on Jan 4, 2018 18:07:48 GMT
Hi everyone,
Well, the 80K we had in House Crowd looks like it is finally going to be paid back, and so I'm looking for new homes for our money. MT seems very popular, so I'm going to give it a go, but I'm a bit surprised by the small number of loans showing - and by the tiny number which are available to buy into. Is this the norm here? Or is there something I'm missing?
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new to MT
Jan 4, 2018 19:04:30 GMT
via mobile
Post by funkymonkey on Jan 4, 2018 19:04:30 GMT
Yes, what you see is very normal. Be there at the launch of loans to get your share and check regularly for secondary market
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ptr120
Member of DD Central
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Post by ptr120 on Jan 4, 2018 19:11:28 GMT
It will also take a lot of time and / or patience to get that sum invested with a reasonable amount of diversity.
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hazellend
Member of DD Central
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Post by hazellend on Jan 4, 2018 19:34:52 GMT
Also check out Ablrate, collateral, Lendy
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Post by df on Jan 4, 2018 19:51:15 GMT
Hi everyone, Well, the 80K we had in House Crowd looks like it is finally going to be paid back, and so I'm looking for new homes for our money. MT seems very popular, so I'm going to give it a go, but I'm a bit surprised by the small number of loans showing - and by the tiny number which are available to buy into. Is this the norm here? Or is there something I'm missing? MT is one of the best in high risk/return category IMO, but it takes a long time to build a well diversified portfolio there. Loan flow is slow and most of the time SM has very little to offer.
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poppyland
Member of DD Central
Posts: 237
Likes: 243
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Post by poppyland on Jan 4, 2018 21:27:54 GMT
Thanks everyone for the heads up! And yes, I'm also with Lendy, Ablrate and Funding Secure, and planning to get started with Collateral soon as well.
I'll have to be patient while I build good portfolios with each platform, and not do what I did with Lendy, and chuck 5K into a loan which almost immediately defaulted!!
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