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Old 07-29-2009, 01:16 AM  
SleazyDream
I'm here for SPORT
 
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Join Date: Jul 2001
Location: Phone # (401) 285-0696
Posts: 41,470
Quote:
Originally Posted by Sloane View Post
Sorry to hear mate...I am sure their are complexities involved with your situation that would be impossible to cover in a GFY post... the one thing I didn't understand was you had a 400k mortgage, and the property was worth 1.2, 30k off being worth over 2.? Couldn't you have just closed shop, and sold out? Or did the amount on credit cards/loans from friends exceed equity in the property.

I am mainly a lurker on GFY, but you seem like a smart guy. I am sure you will make a come back
i had it arranged to get the money to finish, but still needed the bar income to continue with it. when the gun came it - i was done
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