Buy appartment complex
| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 12% |
| Lender Rate: | 11% | Borrower: | dennyr |
| Finished | State: | WA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-04-15 | EricsCC ROI: | 9% |
| Status History | |
|---|---|
| Apr 16, 2008 | Current |
| Sep 04, 2008 | Late |
| Sep 13, 2008 | Current |
| Dec 02, 2008 | Late |
| Dec 20, 2008 | Current |
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Purpose of loan: This loan will be used to? Finalize the purchase of a 200+ unit apartment complex. I will be in an extremely cash positive position on this facility in 30 days and I need the last $25,000 to complete the acquisition.My financial situation: I am a good candidate for this loan because? I have more than enough equity in my other properties and cash flow from my job to easily handle this loan. |
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