Super Investment Deal!
| Listing Information | |||
|---|---|---|---|
| Amount: | $23,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 28% |
| Lender Rate: | 15% | Borrower: | ttkitty |
| Finished | State: | CA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-09-05 | EricsCC ROI: | 14% |
| Status History | |
|---|---|
| Sep 05, 2007 | Current |
| Oct 14, 2007 | Payoff in progress |
| Oct 18, 2007 | Paid |
|
Purpose of loan: Im trying to purchase my first investment home. The home comps at $545,000 and the purchase price in only $237,000 due to foreclosure. I plan on buying this home and sitting on it for 30 days then refinancing it to pay off my loan with prosper and purchase the next property. (explain what you will be using this loan for) My financial situation: I make good money but want to make more. I work for a company that moves forclosed properties and this one was hand picked for me. The home is selling at around 40% LTV and is perfect to start off my property portfolio. Ive never been late or missed a payment in my life and dont plan on messing up now! (explain why you are a good candidate for paying back this loan) Monthly net income: $ 4800 Monthly expenses: $ Housing: $ 0 Insurance: $ 110 Car expenses: $ 0 Utilities: $200 Phone, cable, internet: $ 99 Food, entertainment: $ 400 Clothing, household expenses $ 200 Credit cards and other loans: $ 400 Other expenses: $ 0 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 188601 | buying my first home | B | $23,000 @ 20% | Aug 17, 2007 | Withdrawn |
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