REMODEL FINANCING

| Listing Information | |||
|---|---|---|---|
| Amount: | $11,500.00 | Status: | Withdrawn |
| Grade: | A | DTI: | 0% |
| Lender Rate: | 15% | Borrower: | fayeg39 |
| Finished | State: | CO | |
| Funded: | 0% | Group: | (No Group) |
|
Purpose of loan: I would like to complete the remodel on my investment property without having to pay credit card rates. This money is to update the plumbing and electrical, repair some severe weather damage and rent the property. It is a single family house in a good family neighborhood in Arvada, Co. My financial situation: I have a great credit history, Pay my bills ontime and work a full time job (i have been in the same field for 30 years) I also have a part time job with app. 20 years for additional income. My main residence is paid for and I have 2 investment properties that each rent for $1,400-1,600 per month in addition to my salaries. The house already has new floors, new kitchen, new appliances, new baths, new interior finish, new paint, etc. Monthly net income: $ 4,500 Monthly expenses: $ 2,415 Housing: $ 0 Insurance: $ 300 Car expenses: $ 650 Utilities: $ 90 Phone, cable, internet: $ 125 Food, entertainment: $ 400 Clothing, household expenses $ 250 Credit cards and other loans: $ 600 Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 243635 | REMODEL INVESTMENT PROPERTY | A | $13,750 @ 16% | Dec 03, 2007 | Expired |
| 246226 | relist-REMODEL INVESTMENT PROPERTY | A | $13,750 @ 19% | Dec 07, 2007 | Withdrawn |
| 252309 | REMODEL INVESTMENT PROPERTY | A | $13,750 @ 14% | Dec 17, 2007 | Loan created |
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