Property Taxes On Leased Rental Property

| Listing Information | |||
|---|---|---|---|
| Amount: | $3,400.00 | Status: | Loan created |
| Grade: | D | DTI: | 17% |
| Lender Rate: | 15% | Borrower: | TonyInDallas |
| Finished | State: | TX | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 4+ months late | Origination Date: | 2006-12-04 | EricsCC ROI: | -48% |
| Status History | |
|---|---|
| Dec 05, 2006 | Current |
| Mar 19, 2008 | Late |
| Apr 05, 2008 | 1 month late |
| May 06, 2008 | 2 months late |
| Jun 10, 2008 | 3 months late |
| Jul 09, 2008 | 4+ months late |
|
Last year I bought a new house as a rental property, and found a wonderful family to lease it long-term. They'd like to live there for 4 or 5 years, then custom build out on their lakefront property. I had some unexpected medical expenses this past year, and also moved my personal residence, which is now making it a bit more difficult to pay the property taxes which are due in January. I'm a responsible executive in the franchise industry, currently working on a new franchise prototype which is an English As A Second Language School. Thanks for your interest in the success of my rental property! |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 256298 | New Rental Property Purchase | D | $7,500 @ 17% | Dec 27, 2007 | Expired |
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