For the month of December, only 3 of my 7 investments made the monthly payment. One of the current "okay" investments hit a snag and may be going into foreclosure.
Bottom Line: Yes, I would recommend this to a friend
3 people found it helpfulLink to this Review
I have been participating for about two years. Out of my 10 investments, 2 paid off on time, 1 paid off very early (wasting my time and effort), 2 had their payoff date extended, 2 are in bankruptcy and are not making payments and 3 are doing okay.
Customer service is excellent. There is a wide variety of offerings. For the normal investor, Debt offerings are better than Equity.
Bottom line: this is very risky. You have to trust that RealtyShares is doing good due diligence. You have to trust that RealtyShares will not pancake. Read all the documents carefully.