I like brutal moose, he has had a whole slew of different content through the years from video games, cooking and shopping outings that are all funny, meanwhile his second channel moose2 has streams that are calm and great to sleep too.
Real calm voice, jazz in the background usually, still entertaining. Just don’t put on any point and click adventure games to go to sleep because all the noises will be clicked repeatedly lol.
The reason he can’t go to the bank because he have take enough loan and can’t take anymore. He said I can make money by apply for loan against property, and loan to him and pocket the different.
It seem that he want to take more loan than the bank want to give him.
That’s not how that works. For a business, if he can show the bank his business plan, they’ll loan him whatever they think he can afford to pay, and at a lot better rate than 15%. The fact that the bank isn’t suggests they think he’s full of shit.
So he wants you to take a loan out using your property as collateral to invest in his business? And if he doesn’t get you the promised return, what do you think happens to your collateral when you can’t pay back your loan?
He said I can make money by apply for loan against property, and loan to him and pocket the different.
You never give loans to someone that you're not completely prepared to write off. You absolutely don't give loans with loans (unless you're a bank and getting those loans from a central bank, which I doubt you are).
The risk is that the business fails. There are no "sure thing" investments, especially at higher returns.
Ask him how his business can fail. If he doesn't give you a variety of possibilities and ways he's hoping to prevent them, I'd be very worried that he's overconfident and not prepared for difficulties.
his business don’t depend on number of customer available
Clarify this with them. If the business does not depend on customers and selling a product/service to them, then it’s most likely a pyramid scheme/MLM. If he continues to be vague about what exactly the business is, that’s another red flag. A legit business shouldn’t be hard to explain, especially to people they want to ask for investment from.
But the 15% is so high, i don’t think i come without risk. I just ask to know if it is possible to run something with more than 15% ROI, to be able to repay the loan and get interest for yourself.
I don’t have the vocabulary for a good mantra like most of you. But a shoulder shrug and a “what are you gonna do about it” kind of noise is enough for me.
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