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Student Loan for New Career
Homeownership Verified

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Listing Information
Amount: $25,000.00 Status: Loan created
Grade: A DTI: 18%
Lender Rate: 13% Borrower: creatingcashflow
Time Left: Finished State: CO
Funded: 100% Group: Perfect Solution Systems
Loan Information
Loan Status: Current Origination Date: 2007-10-17 EricsCC ROI: 11%
Status History
Oct 17, 2007 Current
Nov 01, 2008 Late
Nov 19, 2008 1 month late
Nov 27, 2008 Current
Purpose of loan:
I have been in construction for over 30 years.  I have owned my own general contracting company for 12 of those years.  I have studied real estate investment for the last 5 years.  I recently found the perfect vehicle to take my current knowledge and expand it which combined with my past experience will catapult me into a fantastic position to actively begin real estate investing making it no longer just a dream but a cash flow reality.  The money I am seeking would be to pay for tuition at a Real Estate Investment College.  I have done my due diligence with this educational system and feel confident that this is the exact place that I need to be!  Thank you for your consideration!

In 2004 my wife and I found ourselves in a bit deep financially, due to our helping our children when they made some very poor choices.  Other than that I have always paid my debts on a consistent and timely basis.  I feel confident that my track record combined with a newly acqured set of resources I will have no difficulties meeting this obligation.

Monthly net income: $7000

Monthly expenses: $5520
  Housing: $ 1500.
  Insurance: $ 220
  Car expenses: $ 300
  Utilities: $ 300
  Phone, cable, internet: $ 150
  Food, entertainment: $ 1000
  Clothing, household expenses $ 300
  Credit cards and other loans: $ 1800
  Other expenses: $
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