you are making a loan (probably unsecured) to a LLC

來源: tank 於 2010-01-31 08:50:35 [] [舊帖] [給我悄悄話] 閱讀數 : (417 bytes)
回答: you need to understand your buddy is seeking 由 tank 於 2010-01-30 15:27:07

you tell me what kind of protection or guaratee you have?

he made a contract probably for his protection in case you want to sue. Put it this way, if he wants cheap funding, he can go through on his own using his own assets through a bank, interest rate probably lower than 10%. he either has no assets anymore or leveraged to his eye ball flipping houses that he now seeks funding through strangers.

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