
More or less the same situation as the others that have posted on here. Invested in over a dozen properties with Peerstreet and in the beginning it worked well and I was getting 6 to 7% on my...
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PeerStreet is a financial technology company based in El Segundo, CA that provides an online platform for investing in real estate debt. The company connects accredited investors with real estate loan opportunities, offering a streamlined and transparent investment process.
Through PeerStreet, investors can access a range of real estate loans, diversifying their portfolios and potentially earning attractive returns. The platform aims to democratize real estate investing by providing access to previously inaccessible investment opportunities.
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More or less the same situation as the others that have posted on here. Invested in over a dozen properties with Peerstreet and in the beginning it worked well and I was getting 6 to 7% on my...
You eventually end up with a portfolio filled with loans in default. Here's how ... You invest in some number of properties (say 20). A few of those (say 3) will go into default. Your money in...
Peerstreet loaned $860k on a property that sold 1.5 years earlier for $175k. Only $25k of work was done between these periods and peerstreet claimed the LTV was 75%. They push loans and don't...
Big SCAM. Majority of loans will have late payments and you'll face foreclosures on others. Their underwriting sucks. They give you the runaround when loans are late. 10/6/2021 -- MORE on these...
Peerstreet is a terrible investment platform. In theory, you have loans backed by real estate assets. However, their appraisal values are not to be trusted. I invested in a loan with LTV (loan...
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