Buy house, Pay off debt, and Grow Business
| Listing Information | |||
|---|---|---|---|
| Amount: | $12,000.00 | Status: | Withdrawn |
| Grade: | HR | DTI: | 49% |
| Lender Rate: | 24% | Borrower: | AnthonyBassett |
| Finished | State: | MI | |
| Funded: | 0% | Group: | (No Group) |
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A Little About Me Hello, My name is Anthony [LAST NAME DELETED] and I am from Jackson, Michigan. I live with 4 other guys in a house that I am buying on a land contract. I charge each guy $440 a month with everything included except food. And my total costs are $1000 a month. So I make $760 a month from the house. I am slowly starting a computer company but I need a little help. Currently I'm running it out of my house and only make $200-$400 a month. Which is 1 or 2 computers a month. I am slowly paying off debt that I have and putting any money I can into my business. What brings me to prosper The house next door has come up for sale and I have 2 more people that want to move in to my house. The cost of the house next door will be the same as this one $1000 a month for everything. My total cost being $2000 monthly and I will be making $2640. I realize it is less than what i'm making now but I will only be living with one other person and once I get married in Spring of 2007 I will still live for free and make a little money. The only problem is that I need a 10% down payment which is $4500. I also need $1500 for a new computer because my current one is 5 years old and it is very difficult to be productive with it when I'm doing large tasks for my computer company. I also need another $1500 so I can do some advertising for my company so that I can start to grow it to other areas besides custom computer systems. Lastly I need $4500 to pay off credit card debt to repair my credit. All of that brings my grand total to $12,000. Since I will make $640 from renting the houses I will be able to pay the loan back very easily. I also expect to triple my monthly revenue from my computer company with the extra funding. So I will be making a total of $1200 - $1800 monthly with my only bills being this loan, food, and business expenses which will be covered by my business. My phone number is ([PHONE DELETED] if you have any questions. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 25787 | Buy house, Pay off damaging debt, and expand Business | HR | $12,000 @ 24% | Jul 20, 2006 | Expired |
| 29068 | Expand Computer Company | HR | $3,000 @ 24% | Aug 04, 2006 | Withdrawn |
| 30337 | Expand Computer Company **Relisted** | HR | $2,000 @ 24% | Aug 10, 2006 | Withdrawn |
| 32193 | Expand Computer Company | HR | $2,000 @ 24% | Aug 17, 2006 | Withdrawn |
| 32194 | Expand Computer Company | HR | $2,000 @ 24% | Aug 17, 2006 | Withdrawn |
| 32966 | 19 year old in need of help to expand business | HR | $1,500 @ 24% | Aug 21, 2006 | Withdrawn |
| 32968 | 19 year old in need of help to expand business | HR | $1,500 @ 20% | Aug 21, 2006 | Loan created |
| 104688 | 19 year old Entrepreneur needs working capital | HR | $20,000 @ 24% | Feb 28, 2007 | Withdrawn |
| 106642 | 2nd Prosper loan - Expanding Business - 640 credit score | HR | $15,000 @ 24% | Mar 05, 2007 | Withdrawn |
| 108397 | 2nd Loan from prosper - 19 year old entrepreneur needs help | HR | $7,000 @ 24% | Mar 08, 2007 | Expired |
| 117024 | 19 year old entrepreneur in need of help to grow business | HR | $7,000 @ 23% | Mar 29, 2007 | Withdrawn |
| 119996 | Building a business and a better future | HR | $7,000 @ 24% | Apr 06, 2007 | Expired |
| 258361 | Young underfunded entrepreneur consolidating debt | HR | $3,000 @ 24% | Dec 31, 2007 | Expired |
| 287860 | Young entrepreneur consolidating debt | HR | $8,000 @ 24% | Mar 04, 2008 | Withdrawn |
| 289777 | Young entrepreneur consolidating debt | HR | $4,125 @ 24% | Mar 07, 2008 | Expired |
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