3 ms·
https://www.peerstreet.com/ https://www.peerstreet.com/ Short term loans backed by real estate. Should get you 7 to 10% per year. Started by ex-google guys. I
by baccredited 9y ago
https://www.peerstreet.com/ https://www.peerstreet.com/
Short term loans backed by real estate. Should get you 7 to 10% per year. Started by ex-google guys. I have about 100K with peerstreet and it is performing well.
They have never had a default.
Podcast with the founders:
http://mebfaber.com/2016/12/07/episode-32-guest-brew-brett-peerstreet-long-term-aspirations-disrupting-entire-mortgage-finance-securitization-market/ http://mebfaber.com/2016/12/07/episode-32-guest-brew-brett-p...
- hodl 9y agoWow seems too good to be true. Low LTV loans at a high interest rate. Poor borrowers, why do they do it? They should just get a mortgage with an offset if such things exist in US, then just spend whatever they need at a reasonable rate.