Need a PML

[snide]

Have a client who is seeking $900,000, to close on a land deal next week.

The property is located in the Dominican Republic, was appraised at $1,456,000, and is being purchased for $1,200,000. Buyer has already provided the down payment.

Upon closing, the buyer will receive the construction permits and the funding to start the construction on a 1320 unit apartment complex.

For your $900,000, you will receive an interest payment of $67,500, paid on August 31, 2025. Of course, your investment will be returned at that time.

When the project is complete, you will receive a $3,000,000 bonus.

Any takers?

If you're a serious investor, PM for details. Buyer needs to close at the end of next week.

:cheers:

[Vince Clortho]

123907123908

[Murray]

I’ve been to the DR too many times to count. The project will be completed in about 50 yrs and that’s being generous

[slewfoot]

Sounds solid, Possibility of local Dominican Investments of Crepe and Cigar rollers! :seasix:

[Frankie the Fink]

Have a client who is seeking $900,000, to close on a land deal next week.

The property is located in the Dominican Republic, was appraised at $1,456,000, and is being purchased for $1,200,000. Buyer has already provided the down payment.

Upon closing, the buyer will receive the construction permits and the funding to start the construction on a 1320 unit apartment complex.

For your $900,000, you will receive an interest payment of $67,500, paid on August 31, 2025. Of course, your investment will be returned at that time.

When the project is complete, you will receive a $3,000,000 bonus.

Any takers?

If you're a serious investor, PM for details. Buyer needs to close at the end of next week.

:cheers:
A Nigerian prince by any chance?

[snide]

Nope.

[dvarapala]

I can put you in touch with a Nigerian Prince if you like...

[Humanoid 3.0]

Calling BS, you can buy the whole DR for $1,200,000 USD :yesnod:

[tjfontaine]

What could go wrong with this deal?

[dvarapala]

What could go wrong with this deal?

OP has that kind of coin in his bedroom closet safe - if this was really a good deal he'd have snapped it up himself and not even brought it to us. :yesnod:

[Frankie the Fink]

First off, this kind of a loan would trigger a SAR (Suspicious Activity Report) - ask me how I know and no doubt be under heavy scrutiny by authorities.

Secondly, fronting nearly a million dollars to some stranger for a foreign country project is about as brain dead as it gets and I see no mention of collateral nor why the person couldn't get commercial funding.

Lastly "receiving construction permits on closing", I don't believe it and if that doesn't happen there is no project. Permits are already in the chocks and just waiting for escrow to close ? Under whose name ? And for what, exactly ? And permits doesn't mean ANYTHING eventually gets built.

Also another 'ask me how I know'.

[04 commemorative]

Here is my down payment to you.

[Mick]

A good friend of mine was offered two luxury condos in the DR that were supposedly under construction, they wanted a down payment of $500,000. He went there, saw the site with lots of prep work already done, checked out all the folks involved who all seemed legit and had built similar stuff in the past, so he sent the money.

That was about fifteen years ago. He never saw a dime of his money, no buildings were ever built on the site, and within a few years, it was impossible to find any of the folks who he talked to about the investment.

Clffs: No thanks to the investment opportunity.

[04 commemorative]

I want my $20.00 back then :willy: