Rental Property Revamp
| Listing Information | |||
|---|---|---|---|
| Amount: | $3,500.00 | Status: | Loan created |
| Grade: | A | DTI: | 19% |
| Lender Rate: | 9% | Borrower: | melmeyers |
| Finished | State: | OH | |
| Funded: | 100% | Group: | Keep it Simple, A Ohio based group |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-05-17 | EricsCC ROI: | 7% |
| Status History | |
|---|---|
| May 17, 2007 | Current |
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Purpose of loan: My business partner and I accquired a rental property and want to remodel it before renting it out. For my half of the investment I am interested in taking out a $3,500 loan for the remodel. My partner is Ryan/rilesemo who is also my GL. I started this request at a high rate in hopes of getting it bid down lower then credit card rates. My track record with credit is good and I plan on keeping it that way but i want to take risks on investments while im young. Documents can be provided upon request. Please ask questions if needed. I would have Ryan vette me but that would be suspicious because of our relationship. My financial situation: Financially I don't make that much per month but the money I do earn, I spend wisely and responsibly. My monthly bills are low seeing as Ryan pays for rent and helps with other basic needs. Monthly net income: $ 800 Monthly expenses: $ Housing: $ 0 (Boyfriend pays rent). Insurance: $ 334 every 6 months Car expenses: $ 100 gas 25 oil change Utilities: $ 75 Phone, cable, internet: $ 70 Food, entertainment: $ 200 Clothing, household expenses $ 70 Credit cards and other loans: $ 100 Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 289446 | Refi the old prosper loan and a credit card | B | $3,500 @ 14% | Mar 06, 2008 | Withdrawn |
| 294439 | Refi the old prosper loan and a credit card | B | $3,300 @ 14% | Mar 17, 2008 | Withdrawn |
| 294554 | Refi the old prosper loan and a credit card | B | $3,300 @ 13% | Mar 17, 2008 | Withdrawn |
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