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msancheznj
2252 Posts |
 Posted - 08/25/2008 : 09:17:11 AM
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I stumbled upon a deal where they need about $50mm, I have the Executive Summary. It's a Cruise Ship which will be mainly docked at various parts around the world, it's main attraction is the Tax Free Casino.
Honestly, I don't have a clue where to start.
Thanks guys. |
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EMScommercial
5141 Posts |
Posted - 08/25/2008 : 10:16:57 AM
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| wow... that brings back some memories.... we worked on a casino - ocean going cruise ship about a year ago.... found the money.... then the borrower skitz'd out and left the country!.... what a bad memory...... |
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Wilson73
9 Posts |
Posted - 08/25/2008 : 10:25:17 AM
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Hi,
I work with a Venture Capitalist that will be ineterested in looking at this deal further. Send me an e-mail with the scenario and any supporting documentation.
Thanks |
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ddmortgage
396 Posts |
Posted - 08/25/2008 : 11:27:23 AM
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| I have a contact in London that would be very interested in this. Email me and we can discuss this in more detail. |
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msancheznj
2252 Posts |
Posted - 08/25/2008 : 1:52:30 PM
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quote:
Originally posted by EMScommercial
wow... that brings back some memories.... we worked on a casino - ocean going cruise ship about a year ago.... found the money.... then the borrower skitz'd out and left the country!.... what a bad memory......
So, would you take a look at this one?  |
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KHufford
10407 Posts |
Posted - 08/25/2008 : 2:01:00 PM
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How did you "stumble" upon this one?
And, why would you accept the deal if you have no clue how to handle it? I dont understand why people do that, its just a waste of time for everyone involved typically.
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success07
688 Posts |
Posted - 08/25/2008 : 2:18:25 PM
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Who would say no to money? And why not learn something new from someone that does know so both can make money. How els is this guy to know or learn and pay someone else thats involved with it???
quote:
Originally posted by KHufford
How did you "stumble" upon this one?
And, why would you accept the deal if you have no clue how to handle it? I dont understand why people do that, its just a waste of time for everyone involved typically.
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msancheznj
2252 Posts |
Posted - 08/25/2008 : 2:20:22 PM
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quote:
Originally posted by KHufford
How did you "stumble" upon this one?
And, why would you accept the deal if you have no clue how to handle it? I dont understand why people do that, its just a waste of time for everyone involved typically.
Well, because I'm helping his daughter refinance the house she currently lives in, and since I'm working with a Credit Union he has the impression that as a Federal Bank I can help him.
What I'm trying to do is pass on the deal to someone who knows how to manage this, I all want is to learn the process and get a small compensation. The person handling it will be speaking directly to the borrower, so no time is wasted.
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Managing Prime
2960 Posts |
Posted - 08/25/2008 : 2:23:52 PM
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quote:
Originally posted by msancheznj
Well, because I'm helping his daughter refinance the house she currently lives in, and since I'm working with a Credit Union he has the impression that as a Federal Bank I can help him.
What I'm trying to do is pass on the deal to someone who knows how to manage this, I all want is to learn the process and get a small compensation. The person handling it will be speaking directly to the borrower, so no time is wasted.
Funny how homeowners act so differently because of those three words...Federal Credit Union. 
Good Job. Just the referral of the daughter is an accomplishment considering the time invested. |
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KHufford
10407 Posts |
Posted - 08/25/2008 : 2:54:05 PM
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quote:
Originally posted by msancheznj
quote:
Originally posted by KHufford
How did you "stumble" upon this one?
And, why would you accept the deal if you have no clue how to handle it? I dont understand why people do that, its just a waste of time for everyone involved typically.
Well, because I'm helping his daughter refinance the house she currently lives in, and since I'm working with a Credit Union he has the impression that as a Federal Bank I can help him.
What I'm trying to do is pass on the deal to someone who knows how to manage this, I all want is to learn the process and get a small compensation. The person handling it will be speaking directly to the borrower, so no time is wasted.
That would be the right thing to do obviously..
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KHufford
10407 Posts |
Posted - 08/25/2008 : 2:54:44 PM
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quote:
Originally posted by success07
Who would say no to money? And why not learn something new from someone that does know so both can make money. How els is this guy to know or learn and pay someone else thats involved with it???
quote:
Originally posted by KHufford
How did you "stumble" upon this one?
And, why would you accept the deal if you have no clue how to handle it? I dont understand why people do that, its just a waste of time for everyone involved typically.
Say no to money? There is no money in trying to do loans you cannot do. Time is money.
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dnuex2
3019 Posts |
Posted - 08/25/2008 : 3:13:20 PM
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I was actually asked to finance acquisition (more like flip) of some cattle once by a guy who had no experience of anything to speak of. Talk about bull****.
There's a lot on nonsense out there and just because you want to doesn't mean you can.
Its always a bad sign when some say "its always been a dream of mine" etc. That's because you are dreaming.
Some people have the "self entitlement" disease and get stuck with there head in the clouds.
Whenever someone with lofty goals comes my way I ask them for two things, business plan and a feasibility study. If they have no clue what those are then I tell them thanks, but no thanks. |
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stuartg
232 Posts |
Posted - 08/26/2008 : 3:11:03 PM
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If the debt can be serviced, we can get it done.
Please send a summary, use of funds, and financials on property and borrower and I should be able to give you a prompt answer.
Very Best,
Stuart G Lewis
Managing Director
Brinkabar, Inc.
9595 Wilshire Blvd., Suite 900
Beverly Hills, CA 90212
310-300-8463 Tel
310-496-0588 Fax
slewis@brinkabar.com
www.brinkabar.com
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