Mortgage Investment Trusts as a way of increasing One's Income, page-38

  1. 901 Posts.
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    Hi Tarvold,
    I read the PDS for Funding group over the weekend.
    They would seem to have a similar business model to Balmain.
    Except that they provide for loans down at $20K or less.
    Which I guess caters for the single individual loan for personal
    expenses, and therefore attracts many more loan investments than BP.
    which specialises in the much greater multi million dollar Property/Developement backed loans.
    I am currently earning a weighted av. of 9.3% on 5 trusts to mid 20025
    What are you making with Funding Group??
    I may give them a go shortly for a small investment.
    Last edited by nimbus24: 10/06/24
 
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