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Post by Ace on Oct 1, 2021 7:14:36 GMT
For the people that are withdrawing are you not planning on investing in the upcoming Northampton loan? I have increased my maximum investment per loan to try and reinvest the proceeds asap especially since the Northampton loan is likely to have 3k or greater bid limits. I'm skipping the N* C* M* U* loan as 5.85% after fees is too low for me to be able to reach my target rate on PL. There's nothing wrong with the loan that I could find, though I obviously haven't looked too deeply. It just doesn't fit the purpose that PL has in my portfolio.
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Post by uksoul on Oct 1, 2021 8:26:46 GMT
For the people that are withdrawing are you not planning on investing in the upcoming Northampton loan? I have increased my maximum investment per loan to try and reinvest the proceeds asap especially since the Northampton loan is likely to have 3k or greater bid limits. I'm skipping the N* C* M* U* loan as 5.85% after fees is too low for me to be able to reach my target rate on PL. There's nothing wrong with the loan that I could find, though I obviously haven't looked too deeply. It just doesn't fit the purpose that PL has in my portfolio. I get what you saying and this will be my lowest ROI with Proplend but the LTV is excellent
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Post by Ace on Oct 1, 2021 10:51:13 GMT
I'm skipping the N* C* M* U* loan as 5.85% after fees is too low for me to be able to reach my target rate on PL. There's nothing wrong with the loan that I could find, though I obviously haven't looked too deeply. It just doesn't fit the purpose that PL has in my portfolio. I get what you saying and this will be my lowest ROI with Proplend but the LTV is excellent I agree. I wasn't meaning to diss the loan in any way. I was just answering the question about why some of us might be withdrawing repaid funds.
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Post by uksoul on Oct 1, 2021 11:06:13 GMT
I get what you saying and this will be my lowest ROI with Proplend but the LTV is excellent I agree. I wasn't meaning to diss the loan in any way. I was just answering the question about why some of us might be withdrawing repaid funds. I know u not dissing..I rarely go this low but I will take a slice or 2.Interest rate cover is impressive too
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