no problem with this loan. Valuation seems a bit depressed probably due to the number of issues that need addressed before things get worse and most of the houses in that street are cheaper. The front looks a bit of a disaster, you could get a lot more parking in there off the street. I don't know the area but the location is good for all the beaches, seems like a lot of house for the money. It's probably not in the text book but I always like the ratio valuation/rental income which in this case is only 7.5 years !
Looked OK to me. I tried to get a bit of tranche B, but my fingers aren't fast enough.
I'm an equity investor in AxiaFunder and a minor equity investor in Welendus(FO), Brickowner, Crowdstacker, Proplend, ABLrate, CrowdProperty, Assetz Capital, Elfin Market, Qardus & Loanpad. This time next year I'll be a miwionaire Rodders!