RELIST: Real Estate Investor Needs Your Help
| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 12% |
| Lender Rate: | 18% | Borrower: | Mdbruh38 |
| Finished | State: | MD | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-09-26 | EricsCC ROI: | 17% |
| Status History | |
|---|---|
| Sep 27, 2007 | Current |
| Oct 25, 2008 | Payoff in progress |
| Oct 30, 2008 | Paid |
|
Purpose of loan: I will use the money for a downpayment on an investment property of $155,000. I need 10% downpayment on the property. The property will generate net operating income of $500.00 per month after expenses. I My financial situation: The income that will be generated fromthe property including my personal income will be more than enough to allow me to make loan payments. I have a decent credit history. Monthly net income: $ 4590.88 Monthly expenses: $ 2641.88 Housing: $ 889.00 Insurance: $ 125.00 Car expenses: $435.00 Utilities: $ 100.00 Phone, cable, internet: $ 100.00 Credit cards and other loans: $ 300.00 Other expenses: $ Thank you very much for taking the time to consider my add. loan request |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 154883 | Getting back on my feet | D | $6,500 @ 22% | Jun 19, 2007 | Withdrawn |
| 197979 | Real Estate Investor Needs Your Help | C | $15,000 @ 22% | Sep 06, 2007 | Expired |
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