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All Forum Posts by: Lee Common

Lee Common has started 44 posts and replied 387 times.

Post: My Problem...

Lee CommonPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 553
  • Votes 20

First thing the attorney will do is file a TRO (temporary restaining order) agaist the bank so they can not foreclose on December 5th.

"Sorry misread your post originally what I had wrote was inacurate"

Good luck

You did not mention to the lender what your plans where did you?

Post: A nice thing about BiggerPockets

Lee CommonPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 553
  • Votes 20

I just wanted to add that I appreciate everything this site offers from tangable knowledge to reall leads.

:D

Post: Banks always seem to get it wrong

Lee CommonPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 553
  • Votes 20

Matty M

Thank you I do take that as a compliment.

I'm pretty gun-ho as well. Initially I felt betrayed & pissed about how things are working. Lately though I've been growing in my perspective point of view & found that thier is much more I do not understand about the subtleties of this market & how they are all integrated. Do not get me wrong I believe there needs to be some fundamental changes. I'm just not ready to make a presentation on it YET.

Post: Banks always seem to get it wrong

Lee CommonPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 553
  • Votes 20

Matty M

"Sarcasm" was the theme of the last post.

I've read the FED's yearly report. I have read their memorandum. I have called and spoke with board members myself.

& I can tell you in no uncertain terms that you are absolutly



CORRECT


Post: Banks always seem to get it wrong

Lee CommonPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 553
  • Votes 20

That sounds like some kind of consipacy non-sense.

The institutions would not do something like that to the American people!

Post: Banks always seem to get it wrong

Lee CommonPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 553
  • Votes 20

LOL

Well CITI group is ok with me because they sell my clients REO's at discount.

B & A however pulled a bait & switch so they can give us there assets & we will both get Enzo's!

Post: Banks always seem to get it wrong

Lee CommonPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 553
  • Votes 20

No I think and again it's only my opinion that on some level they had to be able to percieve the possible outcomes. Had their exit stratigy in place "bailout" & are simply fleacing the American people.

We bail them out we should literally own them!

I say let them fail & hire me to dispose of their assets!

Post: Democrats in Congress

Lee CommonPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 553
  • Votes 20

I second that!

Post: Citigroup get's 306 Billion in asset protection & 20 Billion infusion of cash!

Lee CommonPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 553
  • Votes 20

Their are some smart people on this site.

Anyone else out there want to try and take advantage of this?

Let's start a bank!

Easiest way to rob a bank?

Own it!

We only need to provide the FED with 3% of total bank assets & hold another 3% "on call". To be a FED Member bank! We are then garenteed 6% return from FED every year by law.

Yes I am serious!

I understand this is not something that will be easy or happen over night never the less I'd like to know if anyone would be interested in discussing it further?

Post: Citigroup get's 306 Billion in asset protection & 20 Billion infusion of cash!

Lee CommonPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 553
  • Votes 20

This over the weekend!

Personally I had no doubt this would take place.

My question is what do you think about it?

How will it affect the market?

Is that the best thing for US?

Do you feel that Citigroup is getting special treatment as one of the largest "FED Member Banks"