Marketing and Closing Cost Assistance
| Listing Information | |||
|---|---|---|---|
| Amount: | $6,200.00 | Status: | Loan created |
| Grade: | B | DTI: | 17% |
| Lender Rate: | 11% | Borrower: | socmg1313 |
| Finished | State: | MD | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-11-07 | EricsCC ROI: | 9% |
| Status History | |
|---|---|
| Nov 06, 2007 | Current |
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Purpose of loan: This loan will help in the start-up of my investing firm. The money will be allocated towards marketing expences as well as towards closing costs on investment real-estate properties. My financial situation: I have been in the Finance/Managment field for 7 years. I have the background, the training, and the desire to push my business to the next level. The income that I make from my full-time occupation and other business ventures will more than cover the monthly payment Monthly net income: $ 7100 (full-time job) + 1900 (Shareholder distribution on food service business) = $9000 / month Monthly expenses: $ Housing: $ 400.00 Insurance: $ 170 Car expenses: $ 720 --- One car loan is being paid off within the next two weeks bringing it to $365/mo Utilities: $ 200 Phone, cable, internet: $ 100 Food, entertainment: $ 600 Clothing, household expenses $ 300 Credit cards and other loans: $ 360 Other expenses: $ |
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