Funding Project
| Listing Information | |||
|---|---|---|---|
| Amount: | $24,500.00 | Status: | Expired |
| Grade: | A | DTI: | 10% |
| Lender Rate: | 19% | Borrower: | BlackstoneCapital |
| Finished | State: | AZ | |
| Funded: | 0% | Group: | (No Group) |
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Purpose of loan: To fund the completion of two small but lucrative subdivision projects. I have almost completed all of the necessary construction/permiting/surveys/refinancing to own 2 buildable lots on the California coast. I need this loan to help finance the last piece of the project. I paid off the last loan and am now relisting as there was an unexpected charge of $29,000 attached to this project in the 12th hour. The county requires that I pay an "in lieu park" fee, which was not disclosed on the onset of this project. My financial situation: A rating w/no consumer debt. I always pay my bills and this will be no different. Very high, verifiable income with small debt-to-income ratio. Monthly net income: $15000-17000 Monthly expenses: $ Housing: $ 6000 Insurance: $ 900 Car expenses: $ 200 Utilities: $600 Phone, cable, internet: $100 Food, entertainment: $ 800 Clothing, household expenses $200 Credit cards and other loans: $ 0 Other expenses: $ 700 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 187169 | Funding Expansion | A | $25,000 @ 13% | Aug 14, 2007 | Loan created |
| 269377 | Funding Project | A | $24,900 @ 17% | Jan 22, 2008 | Loan created |
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Discussion For This Listing
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No Comments Found For This Listing
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