growing my investment

| Listing Information | |||
|---|---|---|---|
| Amount: | $11,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 51% |
| Lender Rate: | 16% | Borrower: | housingproblemsolver |
| Finished | State: | FL | |
| Funded: | 100% | Group: | FINANCE & INVESTMENTS |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-07-05 | EricsCC ROI: | 13% |
| Status History | |
|---|---|
| Jul 04, 2007 | Current |
|
Thank you: I want to thank from my heart all the lenders that bidded on my original listinng. Thank you very much. I now intend to relist but it will be a lower amount, 11000 $ instead of 25000 $ since I just closed a real estate deal and got 14,000 $ to pay my partner off. Again Thanks to all the lenders that bidded last time. Purpose of loan: I rehabbed a couple of houses in 2006. I already sold one but it is not the right time in the market to sell the second one; I intend to live in it long term and hold it until the selling market improves. My partner needs his money and I have agreed to find a way to pay him off My financial situation: I joined a prosper group now. They advised me to share info that may help you in your decision to fund me. So here I go: I own two condos in miami in the brickell area. one with a partner, one I fully own. they are worth 600 K $ and have equity of 160 k$. I also own a house in orlando worth 190 k $ and has 114 k $ equity. All of muy properties have preapay penalties if I refi or sell them in the next 1 to 3 years. I declared 25 k $ in my taxes in 2006. I am a realtor and a loan officer and specialize in foreclosures and marketing projects for developers. I seek developers that offer great incentives for buyers and find buyers for these real estate projects . I also help people either save their house or get the most money if they need to sell it. Personal: I tried to load my picture but propser on ly allows 2 mb pictures. mine is 2.7 and I do not know how to get a 2 mb picture. Anyway, I am italian descent, big green eyes, and brown hair. I have two adorable puppies: canito, a pug and tipsi, a daschound. They are super warm and loving and fill my home with a loving, warm and playful atmosphere. The three of us walk every morning for an hour! Monthly net income: officially for the record $ 2083 plus 2500 $ rent from investment apartments Monthly expenses: $ Housing: $ 895 Insurance: $ 50 Car expenses:646 $ Utilities: $ 80 Phone, cable, internet: $ 50 Food, entertainment: $ 200 Clothing, household expenses 40$ Credit cards and other loans: $ 22 Investment apartment: 802 Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 149642 | paying off my partner | AA | $25,000 @ 16% | Jun 09, 2007 | Expired |
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