2nd Successful Loan with Prosper. Buying another GOV'T Repo!
| Listing Information | |||
|---|---|---|---|
| Amount: | $19,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 37% |
| Lender Rate: | 10% | Borrower: | mason76 |
| Finished | State: | OK | |
| Funded: | 100% | Group: | BORROWERS - Free instant Listings - LARGEST GROUP |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-07-31 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Jul 29, 2007 | Current |
| Oct 30, 2007 | Payoff in progress |
| Oct 31, 2007 | Paid |
|
Hello, thanks for giving me a few seconds. I currently have 3 businesses. 2 are computer related businesses that have been in operation for 5 and 2 yrs. My other business is a Real Estate Investment business. The money Ineed is for a house we just won at a Gov't Hud auction. The house appraised at $47,000 by the Gov't auction and we won the auction at $32,000. I have $15,000 in cash. I am asking for $19,000 to finish the loan and do a few minor maintenance repairs. My current yearly salary after taxes from my computer business is $72,000. I have 14 rental homes that cash flow $1936.00 a month total. I have 2 additional rent homes that are paid off and cash flow $875.00. My Assets: 2003 Polaris JetSki ~$5000 in value (paid for) 2 rental homes appraised at $92,000 total(I owe 0 on them) My home is appraised at $250,000 and I owe $130,000. Stocks and IRA's ($36,000) 0 Credit Card Debt(they are paid off every month) My bills: Honda Ridgeline - $605.00 Dodge Durango - $286.00 (6 months left) My home mortgage - $1200.00 Boat Payment - $300.00 Rental Home Mortgage - $1944.00 Utilities - $500.00 Insurance - $435.00 Total expenses ~$5270.00 Total Income ~$7950 This new home will also increase my rental income by $525.00 (I already have a renter for the property) I have plenty of Income to make an additional payment. And as you can see from my credit, I have never had a late payment. Bid with confidence. Thank you |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 89197 | Just won Govt House Auction. Need only $15,000 more. | A | $15,000 @ 11% | Jan 26, 2007 | Loan created |
| 237978 | 3rd Successful Loan with Prosper. Buying another House!!! | A | $19,000 @ 13% | Nov 26, 2007 | Cancelled |
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