purchase of a foreclosed 3 family home
| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 17% |
| Lender Rate: | 31% | Borrower: | gerryffl |
| Finished | State: | MA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-09-18 | EricsCC ROI: | 30% |
| Status History | |
|---|---|
| Sep 18, 2008 | Current |
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Purpose of loan: This loan will be used to? My financial situation: I am a good candidate for this loan because? I own a four family home in the area that i would like to purchase this home and after a few mistakes with my own money, I now have a great understanding of how to buy and produce a positve cash flow. I have a few hits on my credit from a single family home that i bought, tried to fix up and then sell. I now live in the home with my wife and new daughter Monthly net income: $ 1500 Monthly expenses: $ Housing: $ 2900 Insurance: $ 120 Car expenses: $ 250 Utilities: $ 100 Phone, cable, internet: $ 130 Food, entertainment: $ 400 Clothing, household expenses $ 100 Credit cards and other loans: $ 50 Other expenses: $ 100 |
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