Fixing up a rental property
| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 37% |
| Lender Rate: | 20% | Borrower: | owill006 |
| Finished | State: | GA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 1 month late | Origination Date: | 2008-06-09 | EricsCC ROI: | -54% |
| Status History | |
|---|---|
| Jun 10, 2008 | Current |
| Oct 24, 2008 | Late |
| Nov 10, 2008 | 1 month late |
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Purpose of loan: I have been purchasing rentals for about 7 years. Now that the market is in a recession, I have started to purchase home more frequent. There are excellent deals available under the current market conditions. My financial situation: I am a good candidate for this loan because I have paid all of my debt on time. I also know how to execute when it comes to purchasing rental property. |
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