Author Topic: good news finally  (Read 10427 times)

Larry321

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Re: good news finally
« Reply #30 on: July 23, 2016, 05:55:55 PM »
For me, the good news is that loads of G, F and E rated notes are returning.

As far as Folio goes, immediately after a note gets issued, I list in on Folio at between a 5% to 8% markup.
I don't seriously expect it be bought, but I figure, that if I can get even one person to buy a 27% loan at 5-8% within the first couple of months, and then I take that money and buy another loan, I have profited right away.

LC notes investor for 3 years

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AnilG

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Re: good news finally
« Reply #31 on: July 23, 2016, 06:37:05 PM »
There are more benefits of what you are doing than you may realize. When discussing this strategy, I like to use a saying, a bird in hand better than two in the bushes. You might want to consider reducing your markup for newly issued loans and extending your strategy to whole portfolio. The conversion of interest income to capital gains for aged loan has tax benefits. You may take a hit on primary platform NAR with the strategy but the gains from secondary sale, bringing returns forward in time, and tax treatment makes up for it.

For me, the good news is that loads of G, F and E rated notes are returning.

As far as Folio goes, immediately after a note gets issued, I list in on Folio at between a 5% to 8% markup.
I don't seriously expect it be bought, but I figure, that if I can get even one person to buy a 27% loan at 5-8% within the first couple of months, and then I take that money and buy another loan, I have profited right away.
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Anil Gupta
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