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Forums » Mortgages & Lending » Need More Cash on Paper?

Need More Cash on Paper? Subscribe to Need More Cash on Paper?

13 posts by 7 users

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Real Estate Investor · San Franc isco, California


We can provide you with up to $2 billion in proof of funds for your financial statement or bank account. We can provide the cash you need in two days. Send your request today and have the funds you need two days later.


Real Estate Investor · Hawaii


Hello Mr. Trask;
I'm very interested in what you're offering. Could you send me a PM with more details?
Thank you!


Real Estate Investor


Tim, your thoughts?


Real Estate Investor · Murray Hill, New Jersey


Please tell us all how this works.


Real Estate Investor · Boston, Massachusetts


Hello Richard. I'd be interested in hearing about your financing, but I do have some concerns about what you've said.

With $2 billion in funds, I'd think you'd be able to have a website with paid hosting instead of what you've got now at dealquickly.com. It just looks unprofessional, in my opinion, and says to me that you don't even have the funds to host a site for $100/year.

Can you see how some people might think that you don't have the financing you claim to have after looking at how you present your business online? In trying to do a Google search of your business, all I can find is an educational company at the same address/phone number, and another business called dealquicklyauctions which doesn't seem to exist anymore.

Can you tell us anything to help ease my fears? Where can we find out more information about you and your business?

Thank you.


Real Estate Investor · Elgin, Illinois


I am sure many of us want to hear more about the financing you can provide.

Thanks


Real Estate Investor · San Franc isco, California


We are happy to provide information regarding our program. For those seeking more information if you would provide your email addresses we will send out our power point presentation for your review. With regards to Ms.Larson, we understand your concerns but we do not see any reason to spend money if we do not have to. We work with several trusts worth many billions of dollars that have no website at all. Most of our business comes from referrals, ever so often we will market our services and forward our power point presentation. We do not seek to be found on Google for marketing purposes. If our presentation makes you feel uneasy, let me say that's unfortunate and perhaps we can be business in the future.
Our best wishes.


Real Estate Investor · Murray Hill, New Jersey


Originally posted by Richard H. Trask
If our presentation makes you feel uneasy, let me say that's unfortunate and perhaps we can be business in the future.

Richard,

Earlier in this thread I asked for an explanation of your methods. Instead, I get a PM asking for my email address. You'll get my email address when I'm convinced that you have something worthwhile to send me. I don't care if you dress it up in a Powerpoint presentation or not. If your methods are not appropriate for public scrutiny by people knowledgeable in this field, I can say without a doubt that you and I will not be doing business in the future.


Real Estate Investor · San Franc isco, California


Below please find our program outline and procedures for creating a Proof of Funds account with Dealquickly. We can set up a POF account in Two days after receiving our client's agreement and arrangement fee. The arrangement fee is placed in escrow until the account open in our client's name. The arrangement fee is also fully refundable if we do not perform.

Proof of Funds Program Highlights:

* amount available ranging from $100K to $2 billion.
* Funds seasoned for up to six (6) months.
* Rates starting at 4% per month.
* 30, 60 & 90 day accounts, with discounts provided for renewal terms.
* You have access to the paperwork in less than 24 hours after confirmation.
* Funds in an account under your name and signature.

Types of accounts:

* Domestic Brokerage Firm:
* Domestic Banks:
* Brokerage Accounts
* Prime Western Europe Banks:
* Domestic Hedge Investment (NON BANK)

Types of confirmation

* Standard verification of deposit (VOD): the customer faxes over a form to the financial institution. They then look up the account information, and fill out a standard form.
* Bank-to-bank electronic confirmation.

Procedures
1. Concurrent with the Client's execution of the Principal Agreement, the Client must deposit the initial Arrangement Fee into the Escrow Account. The Client will be required to provide the necessary documentation to complete the account establishment process. This information will include color copies of photo
2. ID's for all signatories; a second ID including address; Certificate of Good Standing or Incorporation, if applicant is a company; Employer Identification
3. Number (if applicable) and Corporate resolutions (if applicable) and social security numbers for individuals. The Client will be a signatory on the account, but will be unable to conduct transactions or encumber the funds in the account in any manner.
4. Upon confirmation that the Arrangement Fee has been deposited by the Client into the Escrow Trust Account, the Proof of Funds Account will be opened in the Client's name, and funds will be deposited into the POF account in the amount stipulated in the Principal Agreement.
5. The Arrangement Fee is released from the Trust Account when confirmation is provided to the Escrow Agent that the account has been set up in the client's name, and that the appropriate funds have been deposited as stipulated in the Principal Agreement.
6. The Proof of Funds account will remain open for the Client's use for the period of time stated in the Principal Agreement, and conditionally, may be extended through mutual agreement, and payment by the Client of the Arrangement Fee for such extensions, within five (5) days of the expiration of the current term.


Real Estate Investor · Murray Hill, New Jersey


So let me see if I'm following you. If I want to "prove" to someone that I have say, $100M in cash, you will gladly involve me in the perpetration of a fraud, and all I have to do is pay you $4M per month (that's 48% per year) and hand you copies of all my ID, along with my SSN and/or FEIN. Do I have that right so far?

So I guess the bottom line is that if I'm greedy and dishonest enough to want to enlist you into defrauding some financial institution, you'll happily rob me of my identity, and if I'm stupid enough, you'll string me along for 4% per month of the amount you've "deposited" for me. The best part is that I'll have no one to complain to when I catch on, unless I'm willing to implicate myself.

Very creative! No wonder you didn't want to make this public.


Real Estate Investor · San Franc isco, California


Mr. V. We do not de fraud any one at any time. All of our activities are fully disclosed to all parties or we do not get involved. Credit enhancement services is as normal as that of securing a co-signers on many other transactions. If our service is not for you fine but please do not accuse us of doing something that is dishonest.


Banker · Plano, Texas


Richard,

How can you say that what you are doing is not dishonest? You are are falsifying bank records to make it appear as if an investor has funds avail as reserves that do not belong to them.

Not to mention that your fee has to be paid upfront. Someone would have to be VERY deperate to take advantage of your service. 4% per month?

Lastly...based on the information provided on your web-site your funding starts at 10M. If you are making 400K per month why are you trolling around on the internet looking for business in small residential properties?


Real Estate Investor · San Franc isco, California


1. We are not falsifying anything; we provide full disclosure to all parties including the lender of record. Some lenders allow borrowed funds so do not.
2. Our fee is not paid up front; our fee is paid and earned only after we have performed. We do however require our requested fee be placed in an escrow so we know our client has the capability of paying that fee. Our simultaneous closing funding fees are paid at closing and do not require those fees to be deposit beforehand.
3. We do not consider our researching for potential clients as "trolling" as you put it, we consider it marketing; we do deals that meet our requirements.


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