Stay away Stay away, it's like a bite and switch. Have started investing in 2016. First of the few investments paid off in a timely fashion. Then the service and commitment went downhill. I have two properties currently unpaid. In one of the properties, the borrower is unable to find refinancing. Come on!! this is the hot seller's market and POL is unable to foreclose and sell this property. in another one, the borrower is involved in a fraud case and POL says as per the master agreement the older loans would be shut down paying ZERO. Do we have a legal recourse here? Maybe a class action suit?

Extremely Rude Loan Officer I called the Houston office to get more information on a loan for a single family investment, the woman who took my call (loan officer) was extremely rude and condescending. She was pushing a loan that I was not requesting and claimed that either way they did not need anyones business in todays hot market. NOT RECOMMENDED

Patch of Land Review on Coronado Patch of Land did a great job executing the construction loan. Tameer was great to work with and and I definitely look forward to working with him and the team again soon! The borrower was extremely satisfied that we were able to deliver the terms we promised and closed the deal in less than 3 weeks.

Patch of Land was my worst investment… Patch of Land was my worst investment ever. I invested in a handful of projects starting the end of 2016 through the first half of 2017. I put down 5K per project, finding their 11% return quite attractive. POL had excellent reviews up to 2016. But things went downhill pretty quickly and they never got their act together, even through the hot market when work-from-home became the trend during the pandemic. I am still waiting for the return of my principal (or at least partial return) in at least 2 projects. I hope that the Cloverhill, which acquired the company in July 2021 would do the honorable thing to investors but I have yet to hear from them.

Borrowers beware!! Shady operation Joe the loan officer reached out to Me and we discussed my situation. I have 4 properties that I kept informing him were around $50k each for a total value of $200k. All rented and cash flowing 20%+. (Not just on paper like these other “borrowers” Who continue to default on this shady lender, but in reality). I have a 780 credit score and a long track record in the flipping, rental and overall RE business. Joe mentioned that “POL wants my business” and based on my Credit, my track record, and the underlying fact that i own a business which is a property management company with 5+ employees, over $1 AUM, Including our own assets, I could get all the funding I need as long as I’m under 85% LTV. They took $2200 for initial fees and disappeared, only to show up one night in my inbox at 11:30 pm after I bombarded them with emails Trying to get simple answers: “Hi, sorry we tried everything but can’t fund your loan” Almost comical, if it wasn’t for the complete waste of time, credit inquiry and a $2200 loss. Hey Joe, unlike you, I am not desperate to close a deal. I have a 780 credit score. I have about half a million $$ in assets funded outright by my own equity. I have a long track record of successfully entering/exiting real estate over the last 4 years with substantial gains and I have a Business finance degree. They are looking to earn revenue by collecting initial fees and then they disappear. Joke of a company. Joe is a joke of a loan officer and I’m gonna go out on a limb Here and assume He and the CEO are the same exact person. Congrats you played yourselves