Are the GM and Chrysler bailouts by the government pushing out or discouraging private investment?
May 20, 2006 by
Filed under Private Money Lending
Quote from venture capitalist Bill Frezza:
“Why would anyone lend money to heavily unionized companies knowing that if things went wrong, the president and his men could trash their security interests by executive decree, hold them up to public vilification, and subject them to future retribution by regulators?”
So if private investors are bullied out of the car business, doesn’t that make GM (which has already been derisively referred to as “Government Motors” in investment publications) just another government-run, ever-expanding social program?
Obama said he didn’t want to get into the car business. How can he avoid it if only the government is willing to invest in it?
Thoughtful answers only, please. Don’t waste everyone’s time with name-calling.
Looking for a private lender for real estate purchase?
May 16, 2006 by
Filed under Private Money Lending
Private lender needed for funding single family home purchase. Conventional lending very difficult with less than perfect credit. 80K Annual Household income. Trying to rebuild credit, but don’t want to put home ownership on back burner during the process. Any help locating a no hassle, fast funding, private lender or hard money mortgage would be much appreciated! Property located in upstate New York. I know there are lenders out there that can help any credit situation, they just need to be found. Please do not reply unless offering legitimate help or information. Thank you!
Finding Private Money For Your Deals
May 16, 2006 by
Filed under Private Money Lending
Chris answers your questions about how to fund your deals and where to find a virtual assistant, from Coronado Island, California.
why is the loan lending website, Prosper.com, unavailable in TX?
May 11, 2006 by
Filed under Private Money Lending
Some other states are unable to use it either. Prosper allows private citizens to directly lend money to others (Micro-financing)
What are some unorthodox methods for borrowing money to start a business?
May 1, 2006 by
Filed under Private Money Lending
Don’t waste your time or mine by answering with “borrow from family” or “go to your bank”, etc.
I have a few ideas for businesses that I would like to start, but it seems like every avenue I explore to borrow money turns out to be a dead end. Forget about borrowing from banks and family. What are some less than common borrowing methods I can consider? I checked with the SBA, they no longer lend money, and the only grants they can assist you in getting seem to be for environmental causes. I checked into numerous venture capital companies, but they all seem to be interested only in information technology ventures. I’ve considered forming a private corporation and selling stock in it to private investors, but I don’t know if I’d be able to find enough investors. Also, I’m afraid I’d the investors would be breathing down my neck all the time and trying to tell me how to run the corporation. Anyone have any worthwhile thoughts on all of this?
I am not interested in prosper.com. Please refrain from answering with referral links to this or anything else. Anything that you’ll profit from if I sign up, I’m not interested, so don’t waste your time or mine. Thank you.
No more answers like the one from the ignorant dolt who posted the 3rd answer below. “I know someone who was helped by this lender, or I was helped by so and so, or I’ll lend you the money – I’m an accredited lender”. You people know who you are. Rather, I should say, you SCAMMERS and CON ARTISTS know who you are, and I see right through you, so don’t waste your time, or what is infinitely more important, MINE.



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