rehabbing rowhome
| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 0% |
| Lender Rate: | 20% | Borrower: | getrealmaryland |
| Finished | State: | MD | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-04-29 | EricsCC ROI: | 18% |
| Status History | |
|---|---|
| Apr 29, 2008 | Current |
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Purpose of loan: This loan will be used to improve a rental property I own. Property is already rented to long-standing good tenant of 18 years, and in decent shape. I would like to add central air, add a bathroom, and update the kitchen, and make cosmetic improvements such as paint, flooring and landscaping. My financial situation: I am a good candidate for this loan because I am a Realtor and a seasoned investor and I am actually thriving in this current real estate market because I began specializing in foreclosures 7 years ago. My three FICO's are all over 700 (at least according to the subscription credit monitoring service I belong to, CreditCheck.com), and I have never been late or missed a payment on any of the conventional or hard money mortgages I have taken out. |
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