The lenders keep calling me. I don’t answer. They make it easy to avoid them by not showing their Caller ID. So I don’t even pick up if Caller ID is “Unavailable”. Sometimes they do have Caller ID showing but its an 800 number. I hit the ignore button on my PDA phone as soon […]
Category: borrowing / loans
Borrowed $3000 to launch a come back
I borrowed $3000 from a friend today. I will use this money to launch a come back. The realtor on the Dallas closing refused to get paid through escrow. So that’s where the first $650 is going. I overnighted it to him today. He promises to fax me a cancellation as soon as he gets […]
Galina Thinks I’m a Compulsive Debtor!
Things are worse. Now my wife Galina has come to suspect that I may have a problem with compulsive borrowing! At first she though it was a gambling issue. But then with more searching she found an organization called Debtors Anonymous. She thinks the description of the symptoms fit me better. She printed out a […]
Will I Go to Jail for Mortgage Fraud?
[Photo by !borghetti used with permission.] In this blog entry I’m explaining all the potentially “shady” loan practices over the last 12 months as a real estate investor. I am trying to figure out the following: Did I commit mortgage fraud? To what extent? What are the consequences? Will I go to jail? Should I […]
Yes, I Lied on My Loans!
No more excuses! It’s true. I lied on my loans. I overstated my income, and misrepresented my owner-occupied status and concealed the cash-back-at-close from the bank. I knew it all along. Nobody made me do it. It was my fault. I take full responsibility. And, that’s how I originally started this blog. But then… I […]
