Invest in Rehabing Home
Homeownership Verified

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Listing Information
Amount: $5,000.00 Status: Loan created
Grade: B DTI: 26%
Lender Rate: 15% Borrower: petlyzrds
Time Left: Finished State: CA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2008-01-25 EricsCC ROI: 13%
Status History
Jan 25, 2008 Current
Purpose of loan:
This loan will be used to? fund the repairs of a property I purchased. I am an experienced real estate investor who purchases homes, makes repairs and then sells, rents or leases the home. You will not loose with me! I am a sure bet.

My financial situation:
I am a good candidate for this loan because? financially i am sound. I am seeking outside funds due to the birth of our second child. As my wife is temporarily off work, we want to ensure some of our savings is available should the need arise.

Monthly net income: $ 6500 now, $9800 next month when my wife returns to work. 

Monthly expenses: $ 4372
  Housing: $ 2081
  Insurance: $ 139
  Car expenses: $150 apx 
  Utilities: $ 79
  Phone, cable, internet: $ 49
  Food, entertainment: $ 350 apx
  Clothing, household expenses $ 200 apx
  Credit cards and other loans: $ 478
  Other expenses: $ 856 car notes
Borrower's Other Listings
262071 Invest in Rehabing Home B $8,000 @ 18% Jan 08, 2008 Withdrawn

 

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