Home repair for rental property with 5 year loyal tenant

| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 11% |
| Lender Rate: | 15% | Borrower: | softparade |
| Finished | State: | CA | |
| Funded: | 100% | Group: | Computer Professionals, Engineers and Business Startups |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-09-23 | EricsCC ROI: | 14% |
| Status History | |
|---|---|
| Sep 22, 2008 | Current |
|
Thank you to everyone who bid on my last loan. I had to relist because of a paperwork issue. Purpose of loan: This loan will be used to make needed repairs on a rental property. This property is one of three owned. I have had a loyal tenant in the property for 5 years. Never a late payment. Never a complaint. The property needs 2 major repairs. One is to the heating/air conditioning system, I have relatives in the industry, so I only need to pay for parts. The other repair is to the foundation. My financial situation: I am a good candidate for this loan because I have been in the computer software industry for 14 years. I have a great job with a great income. I own 3 properties, one is my primary residence. I have money in 401K's, etc. I have been property rich and cash poor at times, but I have always paid my bills. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 383536 | Home repair for rental property with 5 year loyal tenant | AA | $25,000 @ 14% | Aug 15, 2008 | Cancelled |
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