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EXCEL - IDEA: XBRL DOCUMENT - Inspired Builders, Inc.Financial_Report.xls
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EX-31.1 - CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER AND PRINCIPAL FINANCIAL OFFICER, PURSUANT TO 18 U.S.C. SECTION 1350 - Inspired Builders, Inc.f10k2012ex31i_inspiredbuild.htm
10-K - ANNUAL REPORT - Inspired Builders, Inc.f10k2012_inspiredbuilders.htm
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EX-32.1 - CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER AND PRINCIPAL FINANCIAL OFFICER PURSUANT TO RULE 13A-14(B) - Inspired Builders, Inc.f10k2012ex32i_inspiredbuild.htm
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Note Payable - Related Party
12 Months Ended
Sep. 30, 2012
Note Payable Related Party [Abstract]  
Note Payable - Related Party
5. Note Payable – Related Party
 
On January 13, 2012 the Company entered into a 12 month unsecured promissory note in the amount of $211,000. Interest shall accrue in arrears on the principal of this Note outstanding from time to time at the rate of ten percent (10.00%) per annum. Interest shall be payable on the last day of each quarter, commencing March 30, 2012, and continuing until the Maturity Date. Should Maker fail to pay the entire Loan and accrued interest by the Maturity Date, Maker agrees that the interest rate shall increase to Twelve percent (12.00%) per annum.  On May 22, 2012 the Company borrowed an additional $32,714 from the related party with the same terms. On September 17, 2012 the Company borrowed an additional $22,033 from the related party with the same terms Accrued interest at September 30, 2012 amounted to $16,341.