When to use a bridge loan?

On the current real estate market, it is quite hard to achieve a situation where it is possible to use the funds gained from the sale of a property immediately with the goal of financing the purchase of new real estate. It is common that the dates just don’t match and the sale of the old property takes more time than predicted. An even more difficult situation occurs when a person wishes to buy a new property before the sale of the old property is completed. In this situation, it is wise to use a bridge loan to cover the gap between the two dates and find a solution. This article will give further details about the uses of a bridge loan. Continue Reading

Why do some borrowers make late payments?

It is safe to say that most of life nowadays revolves around money. There is an increasingly large number of people who live their lives from paycheck to paycheck, using their wages to pay taxes, interest payments, mortgages, car payments, utilities and so on. Paying all of these on time is a responsible way to make sure that everything works as it should without unfortunate surprises. When raising funds from EstateGuru’s investors, borrowers take huge responsibility to make sure that everything is paid back to the hundreds and hundreds of engaged investors. Now one might question, why do some of the borrowers who raise money through the platform, leave their payments late? Continue Reading

Tõnu Toompark’s 10 investment tips!

I have been investing on the EstateGuru platform since 2015. I started investing with a couple thousand euros, however I have been gradually increasing my investment amounts ever since. Since then, I have deposited €93,450 to my EstateGuru virtual account, most of which during the past year.

Currently my investments on the EstateGuru platform are in the proportion to my overall portfolio in which I do not plan to increase them in a similar pace, however I am willing to make exceptional deposits in order to participate in particularly interesting projects from time to time. Therefore, I am mostly planning to reinvest my funds and interest from the current investment opportunities.

When in the last post I described the growth trends of my investment portfolio then the current post is about introducing you to my 10 most important principles concerning investing!

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