7% - 10% loan backed by a Hard Asset

ldl (36)in #investing • 7 years ago (edited)

Hello Ladies and gents,

So i have been doing some research into a Peer to Peer platform, allowing you to make secured loans with plenty margin of safety. As low as 60%. interest payments can go as high at 10% in some instances depending on your criteria.

This new company is very revolutionary because of it's ability to crowdfund mortgage sales. Loans range from 12 to 60 months generating a stable return without having to source the client yourself. For a fee of course.

There are numerous types of loans available ranging from single family homes, multi family residential etc. This ensures if you like diversity, there are ways invest in multiple ways to do just that.

One of the original investors early on from the project was the gent in the movie The Big Short Dr. Michael Burry, played by Christian Bale. Renowned for his call on the sub prime market coming to a head.

By providing liquidity to all the originators, many of whom continue to remain investors alongside us in these mortgages and now Peer street has become a VIP investor for them.

Just like lending club, this is another passive way to generate income for yourself backed by a real asset with plenty of equity to keep your money safe.

If you enjoyed what you read and thought this information was valuable to you in any way.

Then.........