Prosper Inc

1 - I can do better 2 - Jury's out 3 - Pretty darn good 4 - Splendiferous 5 - Awesometastic by 3 people | Log in to rate

Ranked #12,580 in Business, #195,227 overall

Prosper Inc

Real Estate Student Gets $26K for His Efforts after working with Prosper Inc!!!

This home is a 2/1 block in the HOTTEST part of town and funded just today! Long story here-a lot of learning on this one too. Here we go. A friend of mine 'brought' this deal to me. The sellers were his aunt and uncle. He has recently been confined to a wheel chair and she takes care of him full time. He has cancer among other problems.

Their bills were eating them alive so they asked the tenant to move out-it was their daughter in law. Her husband, their son, died a number of years ago so they let her stay in the home, but she completely trashed the home and quite obviously her nose quit working YEARS ago. They called me to see what my estimate would be to repair the home so they could list it. My estimate was $40K, which they really didn't have. I told them I had another idea. How about they sell it to me. I put it under contract for $45K. The ARV is about $150K. I immediately sold it for $66,250. About 5 days later I get a call from the title company.

My buyer has 11 federal tax liens and did I know he was also selling it? Oh, I was mad! After much consternation I finally get his cancellation and a new offer. While I was waiting to get his cancellation I went and found a new buyer at $75K. I turned in the cancellation and a new contract to the title company. I sent my old buyer a rejection of his offer. He was not happy. Anyhow my new buyer is STOKED. Fifteen minutes after I dropped off the contract to the title company I receive a phone call from another party that wants the house and says they are willing to pay $90K! I tell him that I am sorry but I keep my word. I think a little more and decide to call my buyer to see if they would be interested in making a fast $10K.

They agreed to my proposal! So I get the signed cancellation, again, a new contract, again and take it to title. We closed on the deal yesterday and funded today. It broke down like this. My second buyer got a check for $10K just for signing a couple of docs, boy were they ready to adopt me! My realtor made $5400 for sending a few faxes (I needed her to make some money so that I could keep getting her help). My seller got a little over $45K and loved it. I got $26,323.49 for my efforts. Took a while to finally land a good size deal, but it's worth the wait. All my creditors will be zeroed out and I will still have a bunch for reinvesting.

Jason H.

To learn more about Prosper Learning and read other amazing success stories connect with Prosper Learning Online here -



Connect more with Prosper Inc:



Connect with Prosper Inc Online:

Prosper Inc on Stumble Upon

Prosper Inc on Twitter

Prosper Inc on Newsvine

Prosper Inc on Yahoo 360

Prosper Inc on Delicious

Prosper Inc on Claim ID

Prosper Inc On Wordpress 

Learn from Prosper Inc Blog

Learn from the Prosper Inc Wordpress Prosper Inc Success Stories Blog

Loading Fetching RSS feed... please stand by

Reader Feedback 

submit

Prosper Learning on Friend Feed 

Prosper Learning - Friend Feed (Feed)

Stay connected with Prosper Learning online and the social communities they are a part of here.

Loading Fetching RSS feed... please stand by

Blog Posts from Google 

Prosper Inc Google Blog Searches

Learn what people are saying about Prosper Inc
Reader Lion: Read between the Internet Scams: A tale of two companies
A review of two coaching companies, Prosper Inc. and Thrive Learning, LLC. From a consumers view, they could both be scammers. And the common consensus on complaint boards is to keep your money in your pocket and your credit card locked ...
Motivational Company Waterboarded Employees? - The Consumerist
Um, isn't this a different Prosper? Like, Prosper, Inc. the Utah-based motivational coaching company rather than Prosper Marketplace, Inc. the California-based online p2p loan site? I'll take Basic Journalistic Standards for $100, Alex. ...
Company Sued For Waterboarding Salesman - The Consumerist
"We're not the mean waterboarding company that people think we are," says the general counsel for Prosper Inc., a company that sells "coaching packages" over the telephone. They're being sued by a former employee who says he was held ...
Ethan Willis from Prosper, Inc. | MeetInnovators
Interview With Ethan Willis from Prosper, Inc. Designed for CEOs, fast to read, includes full audio, high speed audio and full transcripts.

Prosper Learning 

Prosper Learning Videos

Prosper Learning videos on You Tube

Prosper-Learning-Exposed

The story of one man's fight to obtain a well deserved refund from Prosper Learning. Video proof of what really happens when you sign up to the Prosper Learning contract. Watch it now, before he is forced by Prosper Learning lawyers to take it down and help this guy get justice for himself and anyone else who has been scammed by ProsperLearning.

Runtime: 1:53 | 168 views | 0 Comments

 

automatically generated by YouTube

Prosper Learning on Newsvine 

The articles that Prosper Learning has seeded

Here is a list of all the articles that Prosper Learning has seeded.

Loading Fetching RSS feed... please stand by

Prosper Inc Posterous Blog 

Corp Prosper Inc Posterous Blog

Prosper Inc Main Posterous Blog

Loading Fetching RSS feed... please stand by

by prosper-inc

Prosper Learning loves Squidoo so much because of the amazing informational lenses you can find, and more importantly - the amazing people you can fin... (more)

Explore related pages

Create a Lens!