Rehabbing coach house rental property

| Listing Information | |||
|---|---|---|---|
| Amount: | $23,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 13% |
| Lender Rate: | 10% | Borrower: | VistawayLLC |
| Finished | State: | IL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-01-04 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| Jan 04, 2008 | Current |
|
Purpose of loan: I am completely rehabbing a vintage coach house in the Lincoln Park neighborhood of Chicago.When completed, this unit will get about $1200.00 per month.This unit is located in my current 5 flat, all which are rented at market rate. The completion of this unit will make the building profitable every month. My financial situation: I am a good candidate for this loan because? I am co owner in a computer firm in Chicago and hold a sr.account manager title in the Business to Business marketplace. We are a successful company,profitable since our first year. Also as mentioned above, I own a 5 flat apartment building in the Lincoln Park neighborhood of Chicago. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 194484 | Learning the borrowing side of Prosper | AA | $1,000 @ 7% | Aug 30, 2007 | Loan created |
|
Discussion For This Listing
|
||
|---|---|---|
|
No Comments Found For This Listing
|


