Patch of land complaints

Aug 18, 2010 oilfield equipment and sales in sugar land, tx. Patch of lands goal is to solve the problem of inefficient, fragmented, and. Lakay spice limited liability company et al, case number 2. By pooling investors money, patch of land can lower the entry barrier to any single investor getting started. Her home is in a small rural umminity in the midwest she owded more than the house was worth so i was trying to help her sale it i called land watch and placed an ad for what i thought a one month ad. Patch of land is a peertorealestate p2re lending marketplace that matches accredited and institutional investors seeking. Worried about whether patch of land is a scam or a rip off. Patch of land s progress hasnt been completely smooth. Patch of land is a real estate investment platform that allows you to choose individual properties to invest in though its only open to accredited investors.

All other sites ranked to compare this site directly with competitors, see the feature by feature comparison matrix. Patch of land is a peertopeer lending platform that allows individuals to invest in real estate projects with six steps. Most of those complaints allege problems with billing and collections. With patch of land, users can automate processes, such as underwriting, data management, and risk assessment. Patch of land pol is an industryleading crowdfunding solution for professional real estate developers seeking fast and reliable access to capital. Patch of land is designed for accredited investors who may not have a lot of knowledge about real estate investing but still want exposure in their portfolio to the real estate sector. Patch of land currently serves accredited, institutional and international investors. Consumers want to see how a business took care of business. There are 9 companies that go by the name of patch of land lending, llc. Patch of land final update april 27, 2016 by jonathan ping 24 comments my money blog has partnered with cardratings and credit land for selected credit cards, and may receive a commission from card issuers. What criteria is patch of land looking for when posting loans on their platform. My only con is the drive i have to make to get here. Patch of land is a peertorealestate p2re lending marketplace that matches accredited and institutional investors seeking highyield, shortterm, assetcollateralized investments to borrowers seeking more timely and consistent sources of funding for rehabbing properties across america patch of land s goal is to solve the problem of inefficient.

Based on the transparency, if you hiked through a patch of land that contained a pine forest into an area that contained only ferns, shrubs, and grasses, would you be moving from an older to a younger community or vice versa. Patch definition and meaning collins english dictionary. Patch of land s lending platform achieves their mission to reduce the cost and increase the efficiency of getting these deals approved and funded. Many of us dream of being a real estate mogul, enjoying the success and financial freedom that often. A patch on a surface is a part of it which is different in appearance from the area. Parties, docket activity and news coverage of federal case patch of land lending, llc v. West haven, ct patch breaking local news events schools.

Patch of land offers borrowers access to reliable capital for residential and commercial real estate projects, while providing investors easy diversification into real estate with low minimums and a bestinclass secured loan structure. Patch of land is a real estate marketplace lender that uses proprietary technology and data to provide transparent, scalable, and efficient lending solutions. Oil patch supplies and consulting, llc better business. The worst models are the 2003 passat, 2006 jetta, 2009 jetta, 2006 passat, and the 2002 passat. Apr 06, 2015 patch of land pol is an industryleading crowdfunding solution for professional real estate developers seeking fast and reliable access to capital and accredited investors looking to diversify. At patch of land, we can fund your first loan in as little as 7 days. Since then it has become one of the more heavily criticized for their alleged default rate and for alleged customer service issues. The dft delivery system enhances the bodys absorption of the natural nutritional formula for weight loss and improving overall health. Patch of land llc is a north carolina limitedliability company filed on march 14, 2017.

Sep 25, 2017 by submitting a property listing to landwatch or posting a listing on the site, you agree to be bound by and accept the following terms. Patch of land focuses on shortterm debt on residential and occasionally commercial properties. Oil patch supplies and consulting will quickly build a reputation as a supplier of. This patch needs to have bedder adhesive and be pliable on skin. Patch of land is a curated real estate debt crowdfunding platform that sources, originates, and underwrites loans to professional, experienced real estate developers. Patch of land is strongly not recommended by supermoney users with 0 recommending them, and 6 indicating they would not recommend. Watch how patch of land works for borrowers youtube. Patch of land offers borrowers access to reliable capital for residential and commercial real estate projects, while providing investors easy diversification into real estate with low. The worst complaints are transmission, body paint, and accessories interior problems. Patch of land aims to solve the problem of slow, inefficient, fragmented and obscure private real estate lending by using the latest technology, data and process efficiency to more accurately assign risk profiles and project viability, while greatly reducing time and cost of loan underwriting for borrowers with real estate projects that are. We have been building a strong track record of funded projects and investor returns since 20. Patch of land operates as a hardmoney lender, offering developers shortterm loans, primarily for rehab fixandflip projects, then selling the loans fractionally to investors.

Patch of land lending, llc in sherman oaks, ca company info. Last summer i placed an ad on this site for my 85 ye old mothers house. Patch of land offers shortterm hard money loans with interest rates. All of the patch of land investments are prefunded, which means patch of land funds the loan with its own money, and then recoups that from investors. Further, patch of land is building a library of legal mechanisms and contingency plans for loss mitigation in each jurisdiction.

I note there is already a patch of land thread so we should probably post there in future rather than having comments on the same topic spread out which is my only complaint about this website. Tilt works to conserve the natural beauty, diverse wildlife habitats, water quality, and outdoor recreation opportunities of the islands region, for present and future generations. Patch of lands goal is to solve the problem of inefficient, fragmented, and opaque real estate private lending by using technology and datadriven processes to create transparency and to efficiently underwrite projects for borrowers with real estate projects. Woman arrested for animal cruelty has a history of complaints.

The information here is the opinion of the investors i interviewed and may not reflect your own experience on the platform. Patch of land is a peertopeer p2p real estate hard money lending marketplace that matches investors and lenders looking for alternative sources of funding. This video shows just how easy it is to borrow with patch of land. Each of these services is slightly different and typically caters to a specific niche, but theyre all conceptually the same providing an online technology platform that facilitates a matchup between real estate operators. Patch of land was started in 2012 by brothers jason and brian fritton, who have backgrounds in it and ecommerce. Patch of land has been accredited with the better business bureau bbb since 2014 and has earned an a rating. Patch of land is a peertopeer real estate crowdfunding online marketplace and hard money loan provider that connects real estate developers needing financing to lenders and real estate investors. We will follow a two stage internal complaints procedure. What type of information do i need to provide to patch of land. How to stop mountain land collections harassment a guide to. Patch of land is a great option for borrowers looking for shortterm affordable financing to capitalize on an opportunistic real estate transaction. Millions of people around the globe take some type of vitamin or nutritional supplement.

Patch of land complaints better business bureau profile. Since august 2015, the consumer financial protection bureau cfpb has received 15 complaints about mlc. This guide shows you the best hard money lenders for investors. They believed the real estate market was opaque, fragmented, and inefficient, and created a platform which could lend nationwide. Nov 03, 2016 overall, it appears that most consumers were happy with the patch md nad total recovery topical patch product with the number one reason being the convenience and the absence of swallowing pills and capsules. Patch of land complaints and ratings the better business bureau gives patch of land their solid a rating because of the amount of time the business has been running and especially because there are 0 complaints that have been lodged against them with the bbb. Patch of land s approach to these situations is to work out any defaults as quickly as possible by collaborating with borrowers to understand why the project is in trouble, and to craft possible solutions. Patch of land rate of defaults and return of overdue funds. The registered agent on file for this company is rippy, james and is located at 19041 davidson concord rd, davidson, nc 28036. The companys filing status is listed as currentactive and its file number is 1580953.

Patch of land offers commercial hard money loans in addition to residential loans, and is our pick for best hard money lender for fixandflip commercial loans. Patch of land is a nationwide private lender but does not presently lend in az, id, mn, nv, sd and ut. Patch of land is a peertorealestate p2re lending marketplace that matches accredited and institutional investors seeking highyield, shortterm, assetcollateralized investments to borrowers seeking more timely and consistent sources of funding for rehabbing properties across america. Patch of land operates as a hardmoney lender, offering developers shortterm loans, primarily for rehab fixandflip projects, then selling the loans fractionally. Her home is in a small rural umminity in the midwest she owded more than the house was worth so i was trying to help her sale it i called land watch and placed an ad for what i.

The companys filing status is listed as active and its file number is 201502110086. Patch of land lending, llc is a whollyowned subsidiary of patch of land, inc. Dec, 2015 the clear plastic protector is almost impossible to get off and then the patch itself doesnt stick very well because the side opposite the adhesive side is stiff, and our bodies are not stiff. If your complaint is about local land charges in an area that is hm land registrys responsibility, please use our online feedback form. Patch of land originates, underwrites and services loans, offering these back to accredited investors through crowdfunding exemptions of the jobs act and sec regulations. Patch of land lending, llc is a california foreign limitedliability company filed on january 16, 2015. And after youve funded with us once, it only gets faster and easier, with quicker approval times and more financing options to choose from. Paid a lot of money on these patches, frustrating when the curl up with every movement.

The real estate assets are backed with liens and guarantees. At patch of land, we utilize the power of peertopeer lending to reinvest, rebuild, and revitalize neighborhoods around the country by offering real estate entrepreneurs and investors a platform that provides fast funding, high returns, full transparency, low rates, and the ability to diversify and grow your business. The better business bureau gives patch of land their solid a rating because of the amount of time the business has been running and especially because there are 0 complaints that have been lodged against them with the bbb. West haven man sentenced on federal firearm, narcotics charges. Oct 15, 2006 this is the best way to manage and repair your business reputation. The bbb has closed 21 complaints against mountain land collections in the past three years, with 5 closed in the past twelve months. Patch of land is one of the first real estate crowdfunding platforms. If youre looking to invest in shortterm debt with generous yields the yields posted with each deal are.

How those businesses take care of those complaints is what separates good businesses from the rest. With patch of land, your first loan funds in as little as 7 days. How long does it typically take patch of land to fully fund an investment offering. We reserve the right, in our sole discretion, to change these terms of use updated terms from. Patch of land is a peertorealestate p2re lending marketplace that matches. View customer complaints of patch of land, bbb helps resolve disputes with the services or products a business provides. His mother, known throughout as agnes the name hathaways father gave her in his will is busy on her patch of land. Patch of land focuses on 624 months realestate first lien mortgage loans with borrower guarantees. Maybe someone could come up with a way to consolidate discussions about a particular portal.