p2p lending at lending club
I still want to purchase a Foreclosed Home
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Listing Information
Amount: $6,000.00 Status: Loan created
Grade: A DTI: 9%
Lender Rate: 11% Borrower: NjJim
Time Left: Finished State: NJ
Funded: 100% Group: Group Leaders
Loan Information
Loan Status: Paid Origination Date: 2006-06-01 EricsCC ROI: 11%
Status History
Jul 12, 2006 Current
Jan 24, 2007 Payoff in progress
Jan 30, 2007 Paid
I tried this once before , I guess I asked for too much ? I first Listed asking for  15 K  and to my surprise I almost Got there this time I am going to probably do two listings this one first to purchase the property. Then the next one to fix it up so that I can rent it out. My credit is very good and this purchase will pay off this loan and my next one plus leave me with a profit to boot.  I  am also  using about 25K  of  my own money. But before you Invest in me, with any of your  hard earned money let me tell you a little bit about myself and my family. I am a single father of 3 boys, my wife left us about 3 years ago, I am finally getting things back in order and I am trying to get ahead again by investing in our futures. My sons are now 15 , 17 , and 19. I own my house, it will be paid off in 4 more years. And I have a steady job that I have been employed at for over 11 years now. As you can see by my credit rating and past credit scores, I am pretty capable of paying off my loans and bills, also this money is not paying off any past bills, I am investing it along with my own savings and it will turn a profit for me and you in about 3 months when I rent this property out for a least 2 to 3 hundred dollars a month more than my loan payment. So there will be no problem making my payments back to you. If you have any questions or concerns please feel free to contact me. Thanks for checking out my listing.
Borrower's Other Listings
13833 I want to purchase a foreclosed Property A $15,000 @ 12% May 16, 2006 Expired
121036 2nd Loan From Prosper To Purchase another Forclosed Property AA $10,000 @ 10% Apr 09, 2007 Loan created
295331 3rd Loan From Prosper To Fix up a New property I just Bought AA $7,500 @ 9% Mar 18, 2008 Expired
300683 3rd Loan From Prosper To Fix up a New property I just Bought AA $7,500 @ 8% Mar 28, 2008 Loan created

 

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