Rental property rehab
| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 18% |
| Lender Rate: | 10% | Borrower: | willinvest |
| Finished | State: | VA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-06-20 | EricsCC ROI: | 9% |
| Status History | |
|---|---|
| Jun 19, 2008 | Current |
|
Purpose of loan: This loan will be used to renovate a rental property. I've been purchasing rental properties for about five years and have five rentals currently. Now that the market is in recession it's a good time for investors to purchase properties for rental.? My financial situation: I am a good candidate for this loan because I pay my bills on time. I am a seasoned investor that undestands this real estate investing business. I'm retired military, I receive disability and I work in a government shipyard as a nuclear electrician. My net income is $7,500, My wife's is $2,500 Housing- $1,016 Insurance-$115 Car expense-$495 Utilities-$120 Phone,cable,internet- free my wife works for the cable company Food,entertainment-$400 Clothing,household expenses-$100 Credit cards-$400 other-HELOC-$500 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 218906 | reinvest in prosper | AA | $5,000 @ 8% | Oct 21, 2007 | Withdrawn |
| 343740 | Rental property rehab | AA | $15,000 @ 15% | Jun 03, 2008 | Expired |
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