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Anyone Use Peerstreet For Short Term Placements?

Discussion in 'Real Estate Investing' started by mtnman, Jan 23, 2019.

  1. mtnman
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    mtnman Bronze Contributor FASTLANE INSIDER Speedway Pass

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    Not a single Peerstreet thread on the whole forum? I even did a search operator query for the entire site and came up with nada... Could be telling all on it's own lol :hilarious:

    Anyhow, curious if anyone has ever used Peerstreet to place some short term money above an interest rate threshold successfully?

    Open to other options as well, sometimes you can't tell what is a circle jerk with all these crowdfunding platforms popping up. (Fundrise looks slightly interesting, but tying the money down for 5 years does not...)
     
  2. mtnman
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    mtnman Bronze Contributor FASTLANE INSIDER Speedway Pass

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  3. lludwig
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    lludwig Silver Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    What would you like to know? I never used them myself but have invested with other RE services.
     
  4. mtnman
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    mtnman Bronze Contributor FASTLANE INSIDER Speedway Pass

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    Thanks good sir! 10-4, haven't found a single person that's used them. I guess that tells me all I need to know.
     
  5. lludwig
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    lludwig Silver Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    I spoke quite a bit with the founder. Nothing I've found wrong with the service, just realize what type of investment you are getting into and the risks with it. It's definitely not for everyone (as most of the RE investment services).

    Realize these are short-term debt obligations.
     

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