Can be secured by real estate!
| Listing Information | |||
|---|---|---|---|
| Amount: | $13,000.00 | Status: | Withdrawn |
| Grade: | E | DTI: | 14% |
| Lender Rate: | 21% | Borrower: | Ruman |
| Finished | State: | IA | |
| Funded: | 0% | Group: | (No Group) |
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Hello, My name is Chase [LAST NAME DELETED]. I just recently purchased my second personal residence and had to put 10% down due to me owning my previous personal residence for less than a year. I am keeping the old one as a college rental, with the renters parents making the payments. I also own two other investment properties, one 3-plex and another single family. I have attached a picture of my new home, i bought it considerably under county assessed value of $243k. I purchased it for $200k and owe $180k. I am needing $13k to repay a family loan I took for a portion of the downpayment. I should be able to come up with the money by years end, but as I do like to reinvest in real estate I typically use my liquid cash for additional investments. I would like to leverage this money so I can use my available cash for an additional investment property. I will gross $100k-$120k this year, netting approx. $80k. Last year I grossed $55k. This year I am already approx. $60k gross. Included is also a link to the local county assessor. http://www.assess.co.polk.ia.us/web/inven/query/queryHome.html Go there, and enter my name, Chase [LAST NAME DELETED], in appropriate fields to see the homes I currently own. My newly purchased home does not appear there, and you have to type in the address of 1020 knob hill in appropriate fields to see it. You can also see my purchase price there. If you have any questions, please feel free to call me at [PHONE DELETED] or my Aol Instant messenger name is "CallChase". Thank you! |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 24895 | Can be secured by realestate - Own 4 properties. | E | $13,000 @ 21% | Jul 15, 2006 | Withdrawn |
| 24896 | Own 4 real esate properties! | E | $9,000 @ 21% | Jul 15, 2006 | Expired |
| 26096 | Repay family loan on 4th property. | E | $9,000 @ 20% | Jul 23, 2006 | Loan created |
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