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Why the fuck would you ask on GFY?
Those are some pretty stupid responses. hahahaha. |
Do the legal numbers on the place. Might be worth being a silent partner. But things are slow right now.
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He had floated that idea previously, and I passed. WTF do I know about car washes? Simply said. If you can do it yourself, without a business partner, especially an alpha male, then do it yourself at all costs. |
He has assets so get a lawyer to draft up a general security agreement to seize up to the amount you are lending to him. Go with the house if you can as that's probably the most secure of his assets. Make sure he pays all legal fees in addition to the funds you'll advance him.
WG |
youre rich!!! :)
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no fucking way
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I do not own all the shit business partner does. Nor am I the GFY rolling in a lambo, with super models eating out my asshole, flashing mad bling, wiping my ass wit fitties, drinking fowties, and living in a mansion like polish_aristocrat. :winkwink: |
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No one with assets like that needs someone else to put up $20k. Back it up with some collateral or you will be sorry. |
I would do it. The story checks out form my standpoint. I have done similar things in that you want to look all cashed up for the bank when you buy it and then you can do what you want. Yep he is more then a bit cash poor for a guy with those assets but so what?
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fitty 20K scams:Oh crap
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Maybe. Certainly not for 7%
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no... unless it was my brother or something like that
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A lot of grief and hassle for 7%. |
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no no no
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Smokey hit the nail on the head. $20k for the yacht and let him buy it back. :)
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You people are such fucking sheep. This creep doesn't even have close to 20k, nevermind loaning it.
Truth be told, he is probably the scum that owes the 20k and he is looking for advice by using reverse psychology. This scum is weighing his options or trying to make himself look like he has cash. Wiredguy, get a clue. If this IS true, he suckered you bitch. He did the old give me 4k and pay ya right back. Which he did. Then bumped it up. You fell for it. Moron. Your only out is to kick his ass. Period. :2 cents: |
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http://farm1.static.flickr.com/230/5...eba550f305.jpg |
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Twat:2 cents: |
something's not adding up...
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It would be ok if you hire a lawyer and make a contract but that's stupid to ask that from your friends (if they are)...
But there's a much simpler solution. Just say no. |
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He's not really someone I consider a 'friend' in my definition. He is a business partner. As stated before, I do not hang out with him, and rarely talk to him about anything NOT business related. |
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I would NOT without some collateral
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He already has half a dozen car washes he obviously knows the industry. You already trust this guy to let him partner in a porn business and you've loaned him money before which is likely why he is coming to you now.. Not being liquid is pretty common.. people are hardcore about having every penny invested these days.. How many cars sit in his driveway? I'll be here in a year.. If he doesn't pay up we can go take one. |
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How are your yacht driving skills? Do they have them in GTA to practice on? :winkwink: |
If you have to ask, you likely can't afford to lose it.
If you can't afford to lose it, you shouldn't give it. :thumbsup Problem solved. |
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I was simply asking if others would give a decent sized loan to their business partner, even if not really on the friend level, and he has a lot of assets to back it up. Even though he is cash strapped (apparently?). He did fine with a $4000.00 loan a few months back, but this a what? Five times larger? Also, as I clearly said before, most of my friends would not have the balls to ask for more than $1000.00 and I have known more of them for 15-20+ years. :disgust |
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I think a simple, 'no', will suffice this time around. |
If you are part owner and have control in the direction then maybe but probably still a bad idea
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i liked smokey's idea of he sells the boat to you for 20k. you get the pink on it. if he doesn't pay back with in the time he said he was you sell the boat.
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