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Post by shadoh on May 19, 2015 13:59:56 GMT
Stevie i'd call that loan loveugly. no security. long term, eugh.
seen 12972 just come on 4 month 57%ltv, 2% cashback, 8% mmmm
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coop
Member of DD Central
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Post by coop on May 20, 2015 11:44:55 GMT
This loan has now drawn down and I'm interested to hear people's opinions on this:
Will you be listing at a 3% markup and waiting for sales or will you match the best available rate on the SM to sell ASAP?
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SteveT
Member of DD Central
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Post by SteveT on May 20, 2015 12:14:46 GMT
I usually wait at least a couple of weeks until I can get 3% (after all, it's earning nearly 14% in the meantime after fees). However, as it's a C- loan, I'll likely be selling it before the 2nd monthly payment comes due (just in case). I don't really like holding C- loans any longer...
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