They said there was fundamental reasons. There were not.
So what are the ridiculous loans the bank gave out to these shit companies
An example I was buying a warehouse with 3 other people all excellent credit. We got a good price on the property. But it used to be a drycleamer or part of it was. The bank said it was to risky because of the environmental concerns. I got a guy to look at a previous report he said it was more risky to smoke a cigar in the warehouse then to live or work in it.
We had a good chunk of money to put down.
So how are these banks getting around the restrictive nature I experienced and what was the most ridiculous company that caused these banks to fail
Yeah, you are not even really comparing apples to oranges. The fact of the matter is, if you had done the due diligence, and gotten an environmental assessment, you may have been given the loan, or figured out that the property was not worth it.
The banks that are failing, oddly enough, did not necessarily make poor credit decisions, they basically were invested in "safe" assets, but had no compliance team to evaluate those assets as they consistently change.
They were invested in 10 yr. treasury bonds, and once the fed started raising rates, they should have been shedding those, or at the very least buying insurance against those assets.
Apparently, they were too worried about hosting the next dildo in your face parade then hiring a compliance officer.
The three people could have made the payments with no fucking problem. We all had excellent credit my parents where both off the charts credit wise.
I don't give a shit if the property was half the value we paid we would have never defaulted my parents alone should have qualified with out 2 other people guarantee the loan.
How do we get turned down and jew fucks in tech land get handed millions on bullshit pie in the sky projects?
I don't know what your angle is but you are wrong or the system is wrong something is really fucking wrong.
The three people could have made the payments with no fucking problem. We all had excellent credit my parents where both off the charts credit wise.
Your mother and father are not 2 separate entities, unless they file their taxes that way when it comes to a loan.
I don't give a shit if the property was half the value we paid we would have never defaulted my parents alone should have qualified with out 2 other people guarantee the loan.
See the above, the loan officer saw a spoiled childish dickhead, and his mommy and daddy, which as far as they are concerned is the same "estate", and decided that the risk was too high. So, you, Mr. Shit for Brains, didn't think to get a pre-qualified offer, have a business plan, or do any type of leg work, but it's because the banks are fucked? I'll agree, the banks are fucked, but if you are going hat in hand looking for money, at the very least do your due diligence shithead.
Oh, and now your new post, where you got the loan, but then what, the nasty owner of the property went ahead and doubled the price.
This has the stink of a bull and the excrement that comes out of his ass faggot. Get a fucking job, start making your own money, and then purchase something when you have the chance, instead of being a whiny little faggot in your parents basement.
The current or long-term presence of a dry cleaner on site doesn’t have to be deal-killer for a mall, strip mall, shopping center or commercial property renting space to multiple businesses. But, because of the serious toxicity of the chemicals involved, the strict and costly cleanup standards for these pollutants and the regulations adopted by states and other municipalities across the country, considerable financial risks and liabilities occur.
Dry Cleaners: The Scourge of Commercial Real Estate https://www.environmental-law.net › key-practice-areas Dry cleaners generate relatively large volumes of hazardous substances-EPA estimates the average dry cleaner generates 660 gallons of hazardous wastes a year.
[ + ] BoozyB
[ - ] BoozyB 1 point 2.2 yearsMar 17, 2023 19:16:47 ago (+1/-0)
You apparently pose a threat to their agenda.
[ + ] ParnellsUprising
[ - ] ParnellsUprising 3 points 2.2 yearsMar 17, 2023 19:18:52 ago (+3/-0)
The banks that are failing, oddly enough, did not necessarily make poor credit decisions, they basically were invested in "safe" assets, but had no compliance team to evaluate those assets as they consistently change.
They were invested in 10 yr. treasury bonds, and once the fed started raising rates, they should have been shedding those, or at the very least buying insurance against those assets.
Apparently, they were too worried about hosting the next dildo in your face parade then hiring a compliance officer.
[ + ] Doglegwarrior
[ - ] Doglegwarrior [op] -1 points 2.2 yearsMar 17, 2023 23:05:52 ago (+0/-1)
Dude let me keep this real fucking simple.
The three people could have made the payments with no fucking problem. We all had excellent credit my parents where both off the charts credit wise.
I don't give a shit if the property was half the value we paid we would have never defaulted my parents alone should have qualified with out 2 other people guarantee the loan.
How do we get turned down and jew fucks in tech land get handed millions on bullshit pie in the sky projects?
I don't know what your angle is but you are wrong or the system is wrong something is really fucking wrong.
[ + ] ParnellsUprising
[ - ] ParnellsUprising 2 points 2.2 yearsMar 17, 2023 23:40:20 ago (+2/-0)
DUDE, let me keep this real simple:
Your mother and father are not 2 separate entities, unless they file their taxes that way when it comes to a loan.
See the above, the loan officer saw a spoiled childish dickhead, and his mommy and daddy, which as far as they are concerned is the same "estate", and decided that the risk was too high. So, you, Mr. Shit for Brains, didn't think to get a pre-qualified offer, have a business plan, or do any type of leg work, but it's because the banks are fucked? I'll agree, the banks are fucked, but if you are going hat in hand looking for money, at the very least do your due diligence shithead.
Oh, and now your new post, where you got the loan, but then what, the nasty owner of the property went ahead and doubled the price.
This has the stink of a bull and the excrement that comes out of his ass faggot. Get a fucking job, start making your own money, and then purchase something when you have the chance, instead of being a whiny little faggot in your parents basement.
[ + ] Inward
[ - ] Inward 1 point 2.2 yearsMar 17, 2023 19:59:51 ago (+1/-0)
[ + ] lord_nougat
[ - ] lord_nougat 4 points 2.2 yearsMar 17, 2023 20:23:52 ago (+4/-0)
[ + ] Sector7
[ - ] Sector7 1 point 2.2 yearsMar 18, 2023 00:07:02 ago (+1/-0)*
Dry Cleaners: The Scourge of Commercial Real Estate
https://www.environmental-law.net › key-practice-areas
Dry cleaners generate relatively large volumes of hazardous substances-EPA estimates the average dry cleaner generates 660 gallons of hazardous wastes a year.