Reliable Dentist Seeks Transtion Capital
| Listing Information | |||
|---|---|---|---|
| Amount: | $9,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 24% |
| Lender Rate: | 12% | Borrower: | Talldoc |
| Finished | State: | CA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-09-27 | EricsCC ROI: | 9% |
| Status History | |
|---|---|
| Sep 27, 2007 | Current |
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Purpose of loan: I established a 25-acre orchard seven years ago as an investment / part-time hobby. Dynamite quality, but I was ultimately unable to compete with large producers and China on price. This loan will cover removal of the orchard, relieving me of annual expenses for land rent, water, insurance, and so on. My financial situation: I am an employee dentist at a downtown practice. I make $96,000 per year with the potential for bonuses of up to $50,000 more. Monthly net income: $ $8,000+ Monthly expenses: $ Housing: $ 1,155 Insurance: $ 110 Car expenses: $ 525 Utilities: $ 120 Phone, cable, internet: $100 Food, entertainment: $ 600 Clothing, household expenses $ 100 Credit cards and other loans: $ 1,600 Other expenses: $ 100 |
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