Friday, June 18, 2010

HELOC Update - June '10

This loan is making consistent progress. I have been so blessed with such good tenants for this property. We sign a lease with the new tenants next week. And they are siblings of one that is moving out, so I'm not quite as leary as I would be with brand new people I didn't have any "history" on. The good news is that they have agreed to an 18-month lease!! I offered them $25 less per month if they would sign for 18 months...and that's what they wanted anyway!

June statement shows $277.90 paid. New balance = $71,654.71


  1. I wish my loans were dropping like yours! Great work!

  2. Hi want to say hi and great work. I am working on mine too.. keep it going and best wishes