Buying a apatment for investmen
| Listing Information | |||
|---|---|---|---|
| Amount: | $20,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 0% |
| Lender Rate: | 14% | Borrower: | carli0108 |
| Finished | State: | FL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 4+ months late | Origination Date: | 2007-11-15 | EricsCC ROI: | -51% |
| Status History | |
|---|---|
| Nov 23, 2007 | Current |
| May 01, 2008 | Late |
| May 24, 2008 | 1 month late |
| Jun 16, 2008 | 2 months late |
| Jul 16, 2008 | 3 months late |
| Aug 16, 2008 | 4+ months late |
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Purpose of loan: (explain what you will be using this loan for)I buy and sales houses, i fixthem and sales it. I'm already aproved for the loan of the apartment. I just need the money to make the closing. At soon I make the closing the contractor of the complex will give me $54,000.00 cash back as an incentive for buying and decorating the Apartment , wich I will use only $15,000.00 to decorate it. I will have the remaining to re pay the loan. My financial situation: (explain why you are a good candidate for paying back this loan) As soon as I received the incentive I can pay off inmediately the loan. Monthly net income: $5,000.00 - $7,000.00 Monthly expenses: $ Housing: $1,300.00 Insurance: $50 Car expenses: $300.00 Utilities: $250.00 Phone, cable, internet: $110.00 Food, entertainment: $220.00 Clothing, household expenses $190.00 Credit cards and other loans: $0 Other expenses: $0 |
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