Goodbye!!!!!
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Goodbye!!!!!

  1. #1
    Senior Member NiceGuyEddie's Avatar
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    Default Goodbye!!!!!

    Nah nah nah, nah nah nah nah hey hey hey ... GOODBYE BOATLESS!!!



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    Senior Member RiverDave's Avatar
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    Question

    Did he get banned yet?

    RD
    Patience is a Virtue
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    The HMFIC HWLaser23's Avatar
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    apparently you got that douche bag banned.... good for you, we dont need angry for no reason douche bags around here
    BLACK SMOKE DON'T MEAN ITS BROKE
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  6. #4
    8anned ChumpChange's Avatar
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    Some people just don't get it.

    Do you get mad when you help your client make an offer on a short sale property? Do you feel so bad for the current owner of the house that you just ethically won't do it?
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    Senior Member 2savage4you's Avatar
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    Dayum, i always miss the good stuff...........
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    Which thread, I missed it too.
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    Senior Member ukxpat's Avatar
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    It seems like that guy is a "fart in a space-suit"! Just keeps on coming back
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  10. #8
    MEDIUM PIMPIN!!! ~NORD~'s Avatar
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    He became a douche when he started the adds on craigslist!!
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  11. #9
    Senior Member NiceGuyEddie's Avatar
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    Quote Originally Posted by ChumpChange View Post
    Some people just don't get it.

    Do you get mad when you help your client make an offer on a short sale property? Do you feel so bad for the current owner of the house that you just ethically won't do it?

    Nope.

    A real estate/boat/car purchace is one thing. But the guy is a complete diickhead. C'mon I can't believe your sticking up for him again. Do you know him personally?

    If the POS would've come on the forums and posted a thread letting people know that he would be interested in taking over their payments in a nice friebdly way.. I can understand that. But Boatless came on here in a complete arrogant way with his "my c*ck is bigger than yours" attittude which got him banned and disliked by everyone on the boards but you.
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  12. #10
    8anned ChumpChange's Avatar
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    Quote Originally Posted by rIVERtRASH View Post
    Nope.

    A real estate/boat/car purchace is one thing. But the guy is a complete diickhead. C'mon I can't believe your sticking up for him again. Do you know him personally?

    If the POS would've come on the forums and posted a thread letting people know that he would be interested in taking over their payments in a nice friebdly way.. I can understand that. But Boatless came on here in a complete arrogant way with his "my c*ck is bigger than yours" attittude which got him banned and disliked by everyone on the boards but you.
    I will stick up for him in what he is trying to accomplish. Most people here are saying it's fraudulent and they can't get past the business aspect of it. Yes I have spoken with him on the phone as I said I would facilitate anybody who needed to get out of their boat and take up his offer as I have all the proper documentation to do so.

    When he came here, it was in a more freindly manner. Unfortunately for him, the boards turned on him and he did not handle it in the correct manner. I don't stick up for him on that end.

    I know the situation and I can see this happening for them. There are plenty of ignorant people that get scared when somebody proposes something that they cannot understand. I think that's what happened here.

    Good for those who have the money in today's market. There are people who don't. He is taking advantage of this market and I have no problem with that. He who has the gold writes the rules.
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  13. #11
    Senior Member NiceGuyEddie's Avatar
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    Quote Originally Posted by ChumpChange View Post
    I will stick up for him in what he is trying to accomplish. Most people here are saying it's fraudulent and they can't get past the business aspect of it. Yes I have spoken with him on the phone as I said I would facilitate anybody who needed to get out of their boat and take up his offer as I have all the proper documentation to do so.

    When he came here, it was in a more freindly manner. Unfortunately for him, the boards turned on him and he did not handle it in the correct manner. I don't stick up for him on that end.

    I know the situation and I can see this happening for them. There are plenty of ignorant people that get scared when somebody proposes something that they cannot understand. I think that's what happened here.

    Good for those who have the money in today's market. There are people who don't. He is taking advantage of this market and I have no problem with that. He who has the gold writes the rules.
    Understand your end.

    Please school me as Im green to this:

    Im curious, How does one take over a loan with bad credit themselves? I would like to know how that works. Is it just a matter of a large down payment, or number of assets? I cant see how it benefits the bank to go from one risky borrower to another unless they were getting a large payment upfromnt.

    I would guess they already now the current borrower will default, so If they can get 10-15% of the loan, and let someone else make payments.. even if they default the bank is money ahead.
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  14. #12
    Ultra26 # 1
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    Quote Originally Posted by rIVERtRASH View Post
    Understand your end.

    Please school me as Im green to this:

    Im curious, How does one take over a loan with bad credit themselves? I would like to know how that works. Is it just a matter of a large down payment, or number of assets? I cant see how it benefits the bank to go from one risky borrower to another.

    Dennis,

    The new borrower makes the payments on the old borrowers name. A side deal.
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  15. #13
    8anned ChumpChange's Avatar
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    Quote Originally Posted by rIVERtRASH View Post
    Understand your end.

    Please school me as Im green to this:

    Im curious, How does one take over a loan with bad credit themselves? I would like to know how that works. Is it just a matter of a large down payment, or number of assets? I cant see how it benefits the bank to go from one risky borrower to another.
    The bank is in the current position of repossessing the boat and at that point willing to negotiate. At the same time, it could be more of an "down low" transaction where the current owner technically carries the paper although payments are going to the bank directly, not through the seller and then the bank in order for the buyer to protect his position as well. This is why proper documentation is a must, preferrably with a 2nd on a residence.
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  16. #14
    Senior Member NiceGuyEddie's Avatar
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    Quote Originally Posted by Ultra26 # 1 View Post
    Dennis,

    The new borrower makes the payments on the old borrowers name. A side deal.
    Wow great explanation there John. Did that hurt your head thinking of it?
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