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Buying Investment Property

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Listing Information
Amount: $12,000.00 Status: Expired
Grade: E DTI: 60%
Lender Rate: 20% Borrower: allusionzz
Time Left: Finished State: GA
Funded: 0% Group: (No Group)
Purpose of loan: I have been attending real estate school for the past 6 weeks and I now am getting my Real Estate License.  I have shown interest in a piece of property that I am wanting to make a down payment. 
(explain what you will be using this loan for)

My financial situation: I have a job at a bank and get paid every two weeks plus a monthly bonus.  I am having the monthly payments drafted out of my primary bank account to be sure that this loan is paid on time. 
(explain why you are a good candidate for paying back this loan)

Monthly net income: $ 1400.00

Monthly expenses: $ 700.00
  Housing: $ n/a i live with my parents
  Insurance: $ 60 a month.
  Car expenses: $ car is paid off
  Utilities: $ n/a
  Phone, cable, internet: $ 60.00 for a cell phone bill
  Food, entertainment: $ 30.00 a week
  Clothing, household expenses $ 50.00
  Credit cards and other loans: $ 6000 in total $300.00 a month
  Other expenses: $ 45.00 for gas every two weeks.
Borrower's Other Listings
163331 Money for Tuition E $3,001 @ 15% Jul 05, 2007 Expired
167322 Money for Tuition E $3,001 @ 23% Jul 11, 2007 Expired
171660 Money for Tuition E $3,100 @ 20% Jul 18, 2007 Expired
182405 Debt Consolidation Loan C $5,000 @ 20% Aug 06, 2007 Loan created
283911 Paying off Student Loan E $5,000 @ 35% Feb 25, 2008 Loan created

 

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