Need to repair a swimming pool

| Listing Information | |||
|---|---|---|---|
| Amount: | $20,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 20% |
| Lender Rate: | 13% | Borrower: | wonderboy30 |
| Finished | State: | TX | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-09-11 | EricsCC ROI: | 12% |
| Status History | |
|---|---|
| Sep 10, 2008 | Current |
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Purpose of loan: This loan will be used to replace a swimming pool in my rehab project. I have had a string of bad contractors that have cost me most of my existing budget. I am looking for people that can help me get the pool fixed so that I can complete this transaction. This property will pay for the pool once it sells, however I don't have the capital up front due to poor contractors My financial situation: I am a good candidate for this loan because I have excellent credit and have never been late with a single payment. I am a responsible individual. I have rehabbed houses in the past, but not with a pool. Yes, I have learned valuable lessons during this process. I have used mostly my own money for this project, but ran into bad contractors. I have 3 other properties that I own and currently bring in a monthly cash flow. I have no credit card debt and my only outstanding loans are investment properties and my vehicle that is 2 years from being paid off. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 388026 | Need to repair a swimming pool | AA | $25,000 @ 12% | Aug 25, 2008 | Expired |
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