p2p lending at lending club
Capital For Renovations
Homeownership Verified

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Listing Information
Amount: $10,000.00 Status: Loan created
Grade: AA DTI: 6%
Lender Rate: 9% Borrower: jmartinezclark
Time Left: Finished State: FL
Funded: 100% Group: UtopiaLoans.com - Now Over $1 Million in Closed Loans!!
Loan Information
Loan Status: 4+ months late Origination Date: 2006-05-09 EricsCC ROI: -34%
Status History
Jul 12, 2006 Current
Mar 24, 2007 Late
Apr 06, 2007 Current
Apr 25, 2007 Late
May 05, 2007 Current
Aug 28, 2007 Late
Sep 10, 2007 1 month late
Oct 11, 2007 2 months late
Nov 10, 2007 3 months late
Dec 10, 2007 4+ months late

Hello!

Thank you for viewing my listing. My name is Julio [LAST NAME DELETED], and I have been investing full time in real estate for over 3 years. I own a small real estate investment company called M&M Investments LLC; the web site for my company is http://www.sellyourhomefastforcash.com/ and my company is registered at the Central Florida BBB. I've bought and sold over 30 homes since I started investing, and I have been involved in one form or another in several commercial and vacant land transactions. I also hold a Florida real estate salesperson license (Realtor).

Two weeks ago purchased a home in Orlando, FL and I am borrowing $25,000 to do some renovations on it. I?ve purchased the home for $219,000, the home needs about $25,000 in repairs and its after repaired market value is about $310,000. I am borrowing $10,000 to cover some of the renovations expenses on the home, and I plan to re-pay this loan as soon as I sell this property in the next 3-4 months. My credit score is above 760 (AA), and I am a very responsible person with low debt to income ratio.

My educational and business experience include a bachelor degree in Electrical Engineering and a MBA (Master in Business Administration). I've worked for Nortel Networks and Lucent Technologies among other companies. I have extensive business experience domestically and in the Caribbean, and Latin America region. If you like to know more about me, please go to my personal page at http://www.juliomartinezclark.com/

Thank you in advance for trusting in my abilities to invest and re-pay the funds that you have kindly lent me.

Cordially,

Julio [LAST NAME DELETED]
[EMAIL DELETED]
Borrower's Other Listings
1524 Buying an investment property at a discount AA $25,000 @ 11% Mar 08, 2006 Withdrawn
1789 Buying an investment property at a deep discount AA $25,000 @ 8% Mar 11, 2006 Expired
5716 Capital for renovations AA $25,000 @ 10% Apr 11, 2006 Expired

 

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