Fixing an investment property
| Listing Information | |||
|---|---|---|---|
| Amount: | $14,500.00 | Status: | Loan created |
| Grade: | C | DTI: | 16% |
| Lender Rate: | 26% | Borrower: | ValeriePNY |
| Finished | State: | NY | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-06-20 | EricsCC ROI: | 24% |
| Status History | |
|---|---|
| Jun 20, 2008 | Current |
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Purpose of loan: This loan will be used to? finish an investment property (set a modular home and finish the interior.) Land has already been purchased. My financial situation: I am a good candidate for this loan because?I have successfully invested in real estate before AND I already have a buyer for the property. I have a strong payment history, no delinquency, low revolving debt, and a stable income. Thank you so much for reviewing my request. Monthly net income: $ 7000 ( net salary, commissions, and rental income) Monthly expenses: $ 4518 Housing: $ 784.00 Insurance: $ 102.00 Car expenses: $ 423.00 Utilities: $ 230 Phone, cable, internet: $ 165.00 Food, entertainment: $ 300.00 Clothing, household expenses $ 50.00 Credit cards and other loans: $ 60.00 Other expenses: $ 1000 (nanny), 1187.00 (for an investment property), and 217.00 (for another investment property) |
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