investment property

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Listing Information
Amount: $9,000.00 Status: Loan created
Grade: D DTI: 29%
Lender Rate: 29% Borrower: kwatzek
Time Left: Finished State: OH
Funded: 100% Group: 1 Active Real Estate Investors & Lenders Group
Loan Information
Loan Status: Payoff in progress Origination Date: 2011-05-26 EricsCC ROI: 22%
Status History
May 27, 2011 Current
Feb 11, 2013 Payoff in progress
Purpose of loan:
This loan will be used to...Buy investment property

My financial situation:
I am a good candidate for this loan because...I am a good candidate for this loan because...I have worked hard the past 5 yrs to raise my credit score from 552 to 700. My experian score is 693. I haven't come this far to mess it up now. You can view some of the properties I am interested in at realtor.com. MLS# 323283, 2110.15574. I am also looking at duplexes. I'm not buying anything with foundation or any other major issues. I will be getting at least $400 a month for the rental property, so I will pay the loan back.


Monthly net income: $1500
Potential income from property $400 - $500 monthly
Housing: $
Insurance: $84
Car expenses: $161
Utilities: $150
Phone, cable, internet: $100
Food, entertainment: $150
Clothing, household expenses: $50
Credit cards and other loans: $100
Other expenses: $
Borrower's Other Listings
62164 investment property down payment D $3,500 @ 6% Nov 15, 2006 Withdrawn
62267 Investment property down payment D $3,500 @ 6% Nov 15, 2006 Withdrawn
63262 Intvestment property down payment D $3,500 @ 6% Nov 17, 2006 Expired
73858 Truck payoff and improve credit C $5,000 @ 6% Dec 12, 2006 Expired
108624 PAYOFF TRUCK AND IMPROVE CREDIT E $5,000 @ 5% Mar 08, 2007 Expired
136068 Truck payoff and improve credit HR $4,500 @ 13% May 11, 2007 Expired
142512 Truck Payoff to improve credit HR $4,500 @ 18% May 24, 2007 Expired
145183 Truck payoff and improve credit HR $4,500 @ 20% May 31, 2007 Expired
155535 Truck payoff and improve credit E $4,500 @ 20% Jun 20, 2007 Expired
190763 Truck payoff and improve credit D $4,000 @ 21% Aug 21, 2007 Expired
194229 Truck payoff and improve credit D $4,000 @ 21% Aug 28, 2007 Expired
197388 Truck payoff and improve credit D $4,000 @ 21% Sep 04, 2007 Expired
201011 Truck payoff and improve credit D $4,000 @ 21% Sep 12, 2007 Expired
203946 Pay off truck and improve credit D $4,000 @ 23% Sep 19, 2007 Expired
235167 Pay off utilities D $1,400 @ 21% Nov 20, 2007 Expired
238445 Pay off utilities D $1,400 @ 23% Nov 27, 2007 Expired
251679 Pay off medical bills D $1,000 @ 22% Dec 16, 2007 Expired
342295 Car for my Duaghter C $4,000 @ 15% May 31, 2008 Withdrawn
342311 Car for my Duaghter C $4,000 @ 15% May 31, 2008 Withdrawn
343019 Car for my Duaghter C $4,000 @ 19% Jun 02, 2008 Expired
347420 Car for my Duaghter C $3,000 @ 22% Jun 09, 2008 Expired
351445 Car for my Duaghter C $2,000 @ 23% Jun 16, 2008 Expired
355843 Car for my Duaghter C $1,500 @ 23% Jun 23, 2008 Expired
360018 Car for my Duaghter C $1,000 @ 23% Jun 30, 2008 Expired
412419 Pay off collections improve credit C $1,500 @ 27% Nov 02, 2009 Expired
503001 investment property D $8,000 @ 29% Apr 26, 2011 Expired
702551 Debt consolidation A $12,500 @ 14% Jan 22, 2013 Loan created

 

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