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Author Topic: Looking for a line a credit  (Read 738 times)
ajmcello (OP)
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January 11, 2016, 07:30:27 AM
Last edit: January 11, 2016, 08:01:48 AM by ajmcello
 #1

Would like to establish a line of credit of about 200k to deal with some legal matters with my schizophrenic family member and permanently put him out of the picture, clear up some minor legal issues and put a few upgrades into my house that im at the present not allowed to live in before i sell it. Id like to also take to court the attorney who made this all possible by fililing wrongful and malicious paperwork to evicit me from my own home that i am the only owner and causing losses of several thousand us dollars for two years.

I own the deed free and clear only my name in seattle, wa.  Due to brother and him being schizophrenic and helping him in past I cannot get loan or HELOC at bank because of bad credit. Perhaps bitcoin and clear house title is my best option as I would like to capitalize on the property but am currently stuck.
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January 11, 2016, 08:06:16 AM
 #2

#staybroke
calkob
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January 11, 2016, 09:26:24 PM
 #3

 Shocked ok we have another one........ get the white jacket.
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January 12, 2016, 04:11:07 PM
 #4

Shocked ok we have another one........ get the white jacket.

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January 12, 2016, 04:21:21 PM
 #5

Who's this schizophrenic, now?  I want a signed word salad sandwich attesting to the illness before I would lend a dimer.  And that, of course, with proper co-lateral.  Thank you, frank you, I Caesar rank you.

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ajmcello (OP)
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January 12, 2016, 10:27:44 PM
 #6

Who's this schizophrenic, now?  I want a signed word salad sandwich attesting to the illness before I would lend a dimer.  And that, of course, with proper co-lateral.  Thank you, frank you, I Caesar rank you.

Mmmhmm, Yeah, thanks for the laughs. Didn't know where to turn. Have the collateral, no lenders, anyone who has knowledge working with title companies might be interested in the transaction, but perhaps not.

It's an unfortunate story, one I won't go into much. schizo's can be very intelligent, scary, and wait forever, the perfect moment to screw you over in the most unimaginable way. That's what happened, and his lawyer agreed, signed some shitty bogus paperwork that he didn't even file with the courts to take action (used bogus case numbers with the county auditor), withdraw from the case after his work was done, and essentially retired. Now I can sue him for damages because everything he did was either invalid, expired after 60 days (statue of limitations, its been 1 and 1/2 years now), was done with malicious intent, is considered criminal and possibly more.

/not_a_schizo

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January 12, 2016, 10:34:56 PM
 #7

Who's this schizophrenic, now?  I want a signed word salad sandwich attesting to the illness before I would lend a dimer.  And that, of course, with proper co-lateral.  Thank you, frank you, I Caesar rank you.

Mmmhmm, Yeah, thanks for the laughs. Didn't know where to turn. Have the collateral, no lenders, anyone who has knowledge working with title companies might be interested in the transaction, but perhaps not.

It's an unfortunate story, one I won't go into much. schizo's can be very intelligent, scary, and wait forever, the perfect moment to screw you over in the most unimaginable way. That's what happened, and his lawyer agreed, signed some shitty bogus paperwork that he didn't even file with the courts to take action (used bogus case numbers with the county auditor), withdraw from the case after his work was done, and essentially retired. Now I can sue him for damages because everything he did was either invalid, expired after 60 days (statue of limitations, its been 1 and 1/2 years now), was done with malicious intent, is considered criminal and possibly more.

/not_a_schizo



What is your collateral? I think that you can find a "local" line of credit in you cities, here is difficult give a loan Sad .
Perhaps if you something so "send" as collateral, we can talk about a loan and I think that also other users could agree.
I see your post history, you don't look like the typical newbie scammer, but there is money and a loan with btc is FULL of risky and disadvantage for the loaner.
I hope in every case you can solve this situation.

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jaysabi
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January 12, 2016, 10:55:31 PM
 #8

Would like to establish a line of credit of about 200k to deal with some legal matters with my schizophrenic family member and permanently put him out of the picture, clear up some minor legal issues and put a few upgrades into my house that im at the present not allowed to live in before i sell it. Id like to also take to court the attorney who made this all possible by fililing wrongful and malicious paperwork to evicit me from my own home that i am the only owner and causing losses of several thousand us dollars for two years.

I own the deed free and clear only my name in seattle, wa.  Due to brother and him being schizophrenic and helping him in past I cannot get loan or HELOC at bank because of bad credit. Perhaps bitcoin and clear house title is my best option as I would like to capitalize on the property but am currently stuck.

If you own the deed free and clear, there's no reason a bank shouldn't give you a line of credit using the house as collateral, bad credit notwithstanding. Bad credit should only stop you from getting an unsecured loan. You'll probably pay a higher interest rate with bad credit on a secured loan, but the bank wants to make money, and if you default, they can seize the house. If you own the deed, you can find a bank willing to loan you money backed by the asset.

If you can find someone to "loan" you $200,000 on an anonymous message board, all the power to you, and may god have mercy on that poor bastard's soul.

ajmcello (OP)
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January 13, 2016, 12:14:02 PM
Last edit: January 13, 2016, 12:29:52 PM by ajmcello
 #9

That poor bastard could become the owner of a near 500K house depending on terms if I default. <br /> <br />Google bad credit on HELOC loans and you'll see my problem. Not saying I'd need that much, but the process of falling of short and asking for more looks worse dowm the road. That's why i like line of credit from my experience.
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January 17, 2016, 02:17:20 AM
 #10

Would like to establish a line of credit of about 200k to deal with some legal matters with my schizophrenic family member and permanently put him out of the picture, clear up some minor legal issues and put a few upgrades into my house that im at the present not allowed to live in before i sell it. Id like to also take to court the attorney who made this all possible by fililing wrongful and malicious paperwork to evicit me from my own home that i am the only owner and causing losses of several thousand us dollars for two years.

I own the deed free and clear only my name in seattle, wa.  Due to brother and him being schizophrenic and helping him in past I cannot get loan or HELOC at bank because of bad credit. Perhaps bitcoin and clear house title is my best option as I would like to capitalize on the property but am currently stuck.

If you own the deed free and clear, there's no reason a bank shouldn't give you a line of credit using the house as collateral, bad credit notwithstanding. Bad credit should only stop you from getting an unsecured loan. You'll probably pay a higher interest rate with bad credit on a secured loan, but the bank wants to make money, and if you default, they can seize the house. If you own the deed, you can find a bank willing to loan you money backed by the asset.

If you can find someone to "loan" you $200,000 on an anonymous message board, all the power to you, and may god have mercy on that poor bastard's soul.

Lol ya that's not how mortgages work... If you own the home free and clear who cares if your credit score is 450? I know the banking system in the US is different then I'm used to in Canada but I can tell you no bank will want to pay the lawyers to 'seize the house'. They would much rather lend to someone with little to no risk of default. It's way more expensive than you think and they'll never get the 200k back that they lent out. Also there's the matter of being able to afford the payments on a 200k line of credit.

OP What you'll have to deal with is a secondary lender. I'd suggest you find a great local mortgage broker to help find a lender that's willing to overlook the blemishes on your credit and take the risk. They can look at multiple lenders all at once and may even have private lenders who would love your business.
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