HARD MONEY LOAN
| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 18% |
| Lender Rate: | 17% | Borrower: | Investing101 |
| Finished | State: | CA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-06-12 | EricsCC ROI: | 16% |
| Status History | |
|---|---|
| Jun 12, 2007 | Current |
| Jan 30, 2008 | Payoff in progress |
| Feb 03, 2008 | Paid |
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Purpose of loan: This loan will be used to rehabilitate a property to make it move in ready for my prospective buyers My financial situation: I have never missed a payment and no real sizable debt. In real estate your credit is your life. I dont plan on ruining that. THIS WILL NOT GO FULL TERM. The full loan amount will be paid as soon as title is transfered and title closes. Monthly net income: $ 5850 Monthly expenses: $ Housing: $ 2100 Insurance: $ 120 Car expenses: $ Paid off Utilities: $ 45 Phone, cable, internet: $ 89 Food, entertainment: $ 200 Clothing, household expenses $ 200 Credit cards and other loans: $ 100 Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 398760 | HARD MONEY LOAN | B | $19,500 @ 22% | Sep 15, 2008 | Expired |
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