Teacher looking to reinvest
Homeownership Verified

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Listing Information
Amount: $2,500.00 Status: Loan created
Grade: AA DTI: 3%
Lender Rate: 8% Borrower: kkatisu
Time Left: Finished State: IL
Funded: 100% Group: Rockaway Financial
Loan Information
Loan Status: Paid Origination Date: 2007-06-26 EricsCC ROI: 7%
Status History
Jun 28, 2007 Current
Sep 26, 2008 Payoff in progress
Oct 01, 2008 Paid
Purpose of loan:
I am here to borrow money to reinvest into prosper.  I have enough money to invest into my own account and actually have done that.  I actually want to get that money back into my own bank account and do prosper right.  I want to become a borrower of others people?s money to make my own money on prosper.  I think prosper is a wonderful opportunity for anyone willing to take a chance on a new and upcoming idea.  My college roommate was doing this and turned me on to this.  I look forward to testing the waters and see how Prosper works from both a lender and a borrowers point of view.  I pay all bills and will always pay my bills.  Not paying my debts is not an option!

My financial situation:

I am a teacher in Illinois. I live in and own a duplex and pay off all all my interest and principle with the rent I have received from the tenant who lives in my duplex.  I try to find other ways to earn extra income as well.  I work a part time job that I have worked at since the age of sixteen and am also looking at buying other properties where I live.  I also intend to make a money in Prosper.  That?s the idea at least. :)

Monthly net income: $
$3500 from teaching and part time jobs

Monthly expenses: $
  Housing: $ 1050/ 325 after tenant pays rent
  Insurance: $ 75
  Car expenses: $ 0 from car payment/200 for gas
  Utilities: $ 250
  Phone, cable, internet: $ 200
  Food, entertainment: $ 500-750  I enjoy a few drinks once in a while
  Clothing, household expenses $ 300
  Credit cards and other loans: $ 0 besides my mortgage
  Other expenses: $ 0
Borrower's Other Listings
154142 Teacher looking to reinvest AA $1,000 @ 8% Jun 18, 2007 Withdrawn

 

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