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.

Stay away from this platform Responding back to you. I have e-mailed that address numerous times with no reply. I have also used the 'Help' feature on your website, in addition to calling multiple times where I have been told repeatedly that no-one is available to answer my questions about my investments. Last name is MacKenzie. I want an update on Diablo Court loan for example. It's been months without any updates. Stay away from this platform. I have a number of loan investments in default and they have stopped answering calls and have stopped returning e-mails requesting updates. There don't seem to be any new investment offerings on the site either. Not sure what is going on behind the scenes but feels like they are in hiding and unwilling to face up to investors.

CLASS ACTION LAWSUIT IF YOU LOST SUBSTANTIAL MONEY I generally do NOT write reviews, but I really want to do good by warning other potential investors to NOT invest with Patch of Land. My experience with Patch of Land is a particularly bad one. Of the 10 loans I have invested with Patch of Land, 6 have been in default for more than 4 years. When I called them, they assured me that there would be no loss of principal as their "contracts are iron-tight." All was going well as I was promised no or minimal principal loss until recently I was issued a "Non Performing Loan Reconciliation" where I lost over 60% of my principal with no interests earned for 5 years. I'm typically not an emotional person, but I was extremely depressed and infuriated when I saw this. When they sold off my loan to a 3rd party, they sold it for 70 cent on a dollar. However, they made sure that THEIR portion of the fund invested got paid off in full (meaning they suffered no principal lost). To add salt to injury, they made a killing orchestrating the sale of the non-performing loan they did a such a poor job underwriting in the first place. If any other investors have suffered big losses as I have, I am interested in filing a class-action lawsuit against Patch of Land.

Zero stars Zero stars. I invested in 2 properties, both went into default. For one property, I finally recovered my investment with interest, but it took 3 years rather than the original maturity term of 1 year. The other property has been in default for the past 2 years with no foreseeable resolution. My crowdfunding investments with a different company have not had these problems. Learn from my mistake and invest your money elsewhere.

My investment with them made 0 payments… My investment with them made 0 payments and they have not even filed for foreclosure over a year later. They dont respond to calls or emails, and just sent an email wanting to sell the note for pennies on the dollar. .....2 weeks later and they did finally respond to me and the buyer surprisingly made their back payments. So that is positive. I would think twice before investing in any crowdfunding in this environment, and definitely avoid the states that are banning evictions and foreclosures.