p2p lending at lending club
Serving in Iraq & want a stable bizz upon my return 2 the US
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Listing Information
Amount: $19,000.00 Status: Loan created
Grade: A DTI: 31%
Lender Rate: 14% Borrower: cycron
Time Left: Finished State: AE
Funded: 100% Group: KING FINANCIAL GROUP///100% CASH FLOW SOLUTIONS FOR YOU
Loan Information
Loan Status: Current Origination Date: 2008-01-09 EricsCC ROI: 12%
Status History
Jan 08, 2008 Current
About me:
Hello.  I am going to tell you a little about myself and what I am trying to accomplish in my future.  I am presently serving in Iraq.  I am 26 years old.  I have 3 years of school finished and one year to go. I plan on starting my last year of college on Aug 08.  I am a business major and massage therapist major.  When I graduate I want to take on real-estate full time.  Right now I have four investment properties and plan to have more by the time I leave Iraq.  The four properties that I have now are rented out. In the last listing I had only two properties and much debt, but now I have only two debts and two more additional investment properties all in less than 6 months.  I also have my first listing almost paid.  I said I would have it paid in less a year, but the way things look it will be within the next two months.  The same with this loan I plan to have paid sooner than expected.   I have attended many seminars and have read many books on real-estate.  However, the best teaching is taking action so that's what I did, thus giving me four investment properties now.  With the prosper loan I will be able to purchase more properties and increase my business net.   With all my debts paid I can then start to save and build my credit even more. Now that the business is a LLC, I have my personal assets safeguarded. As before my grandmother always told me to plan for what I want and beyond so in the next 5-6 years I plan to be a millionaire.  I am a calm and patient person.  I have learned through trials in my past to take things as blessings whether they are bad or good.  I have traveled on many missions trips across the world and have helped many.  My ultimate goal in life is not to make money though, but to travel the world and help those in need in different countries as well as the US.  If it were not for one particular mission trip I would have never met my adorable beauty and loving girlfriend.  I am committed to my vows and promises, and will always do my best to keep my word.  I realize that I am one of a kind that plans to make a difference.  I have a good credit score because I pay on time and plan very carefully.  By having a business plan it allows me to have visual targets and goals to hit which helps me to excel on a daily and monthly basis. In time I will be able to pay off the loan sooner just because I have a strategy that's well planned.  Thanks for helping making it possible for me to grow.
Thanks for your time

Purpose of loan:  I am asking for this loan because I would like to expand my business and purchase more investment properties.  I pan to have the loan paid back within 12-13 months or sooner. 

My financial situation: I have a good job and rental income to pay the loan back.  I pay all my bills on time and stay committed to my obligations.   

Monthly net income: $9,450$
5,600 from Job  $3,850 Rental

Monthly expenses:
$   Housing/mortgages: $ 2,233   
Car expenses: $ 0
Prosper: $298.14 
Lawyer: 9,000 $200 a month   
Clothing, household expenses $ 40  
Credit cards and other loans: $ 0  
Other expenses: $ 100
Borrower's Other Listings
141303 Serving in Iraq and want to be debt free when return to US A $11,000 @ 8% May 22, 2007 Withdrawn
143303 Want to be debt free when I get back to the US A $11,000 @ 10% May 27, 2007 Withdrawn
145008 Serving in Iraq and want to be debt free when return to US A $12,000 @ 11% May 31, 2007 Loan created

 

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