Author Topic: High quality notes for sale - Average rate 22%  (Read 3620 times)

ThinleyWangchuk

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« Last Edit: December 03, 2012, 05:12:30 AM by wangchuk »

yojoakak

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Re: High quality notes for sale - Average rate 22%
« Reply #1 on: December 03, 2012, 06:45:54 PM »
$1.5 above principal + accrued interest?

WOW!!! WHAT A BARGAIN!!!!!

flyp52

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Re: High quality notes for sale - Average rate 22%
« Reply #2 on: December 03, 2012, 08:17:34 PM »
wangchuk - Can you share your experience with selling notes at a 6% markup?  At what markup do most of your notes sell?

I took a quick look at all the Loan 1341586 notes for sale.  Curiously three of the notes showed a payment 11 days ago, the other two showed a payment 41 days ago.  One would think that folio would update the state for all the notes of a given loan at the same time?

BTW right now you can buy note 11467288 in the same loan at only 1.6% markup :-)


william

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Re: High quality notes for sale - Average rate 22%
« Reply #3 on: December 04, 2012, 02:31:51 AM »
If you sell any of these I will shoot my self in the leg  :o cause I mark mine up 2% and they are hard enough to sell  :'(

ThinleyWangchuk

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Re: High quality notes for sale - Average rate 22%
« Reply #4 on: December 05, 2012, 01:46:01 PM »
I was able to sell notes on the prosper trading system for an approx 3% premium (bid mode).
William - As for the notes listed above, I was not able to sell them at the premium I wanted, so I am now selling them at face...  Sucks big balls.

wangchuk - Can you share your experience with selling notes at a 6% markup?  At what markup do most of your notes sell?

I took a quick look at all the Loan 1341586 notes for sale.  Curiously three of the notes showed a payment 11 days ago, the other two showed a payment 41 days ago.  One would think that folio would update the state for all the notes of a given loan at the same time?

BTW right now you can buy note 11467288 in the same loan at only 1.6% markup :-)

ThinleyWangchuk

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Re: High quality notes for sale - Average rate 22%
« Reply #5 on: December 05, 2012, 02:09:28 PM »
Just sold three notes...
I tried browsing for my notes on the "browse notes" tab but couldn't find them.  Does anyone know of an easier way to find specific notes and buy them? (There is no buy button on the page of the links I posted)
« Last Edit: December 05, 2012, 02:14:29 PM by wangchuk »

william

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Re: High quality notes for sale - Average rate 22%
« Reply #6 on: December 06, 2012, 03:17:34 AM »
Not that I know of, what I usually do to find my notes is use the filters at the top, then sort by Markup/Discount.

supergeek62

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Re: High quality notes for sale - Average rate 22%
« Reply #7 on: December 06, 2012, 09:47:02 AM »
Not that I've found either.  I try to narrow the search using the buttons at the top, then sort by Loan Number - this also lets you see if anyone else is selling a note from the same loan.  (I like to see how other folks are pricing their notes from the same loan)