On 10/3/14 12:28 PM, amdx wrote:
On 10/1/2014 9:29 PM, Wayne.B wrote:
On Wed, 01 Oct 2014 20:57:08 -0500, amdx wrote:

On 9/29/2014 2:45 PM, amdx wrote:
On 9/29/2014 1:14 PM, F*O*A*D wrote:
On 9/29/14 1:38 PM, amdx wrote:


Look it up in the dictionary.

Now you told Foad how to find it!
When I ask, I new he would not, could not respond with real
information.
Just like all the other times I've ask him for real information
and came
up with some excuse.
Mikek

---


What's "new" with you?

Speaking of banksterism, Last Friday I had a customer that
somehow we
moved from welfare cheats to our fiat currency. He did about a 45
minute spiel with not much room for me to interrupt :-)
He's so radical he thinks we should all stop paying taxes, and turn
over our money system.
He is a radical on the subject, but came to it from a different
direction. His thinking is, if we had real money, we could not afford
the welfare we give and we wouldn't have the system that we have.
Another thing was compound interest, he thinks that is terrible.

I don't, in fact I think I'm losing out on a property every month.
Let's see what you think.
My wife and I have worked 40hrs plus for years, paid our taxes, paid
all our bills and managed to save some money. in fact every year we
have
done that. It was hard and took a long time. We bought a property and
resold it, the buyer is paying less than interest only, meaning every
month the bill goes up because of the interest plus principal he didn't
pay. I think I deserve interest on the extra money he owes for the
interest he didn't pay. Example: he owes $100,000 the interest for the
month is $750 but he only pays $600, I think I can add the $150 back
onto the principal and charge interest on $100,150 the next month.
My lawyer says I can't, (Florida law?). But you can be sure if the
buyer
had the $150 every month, he would be getting interest on it.
What do you think?

Mikek


I thought I'd get some response from one of these paragraphs.


===

Did you personally provide financing to the buyer where he pays you
back at less than the accrued interest rate? If so, when do you get
to call in the principle on the loan?

Yes, that is what I agreed to. It was a five year contract. The buyer
only wanted a two year contract, I told him I'll make it a five year
contract, 8% first two years and 10% last three. Then he could pay in
off in two years if he wanted. He didn't. I'm happy, good payer, 10%
interest, good down payment. Just thought I would get interest on the
accrued interest when I made the deal. I didn't ask the right question
until it was to late. I'm still happy with the deal.
Mikek




Whoever is questioning you here possibly should learn the difference
between "principle" and "principal." Oh, wait...is it Wayne the
Bankster? Well, that explains it. Imagine a bankster who doesn't know
the difference between the two terms. I think you should consult with
Scotty Ingerfool, the rec.boats expert on house sales/rentals, et cetera.





--
“My heart goes out to the people of Ebola.”
Sarah Palin