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.
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 am an anarchist, so the idea of the community doing all the work, creating content, and then mods basically ruling over them as a reward, just doesn’t sit right with me....
A friend offer me a investment opportunity at 15% annually, is it too good to be true ?
He was my coworker. I know him at work for years. It is unlikely he take money and run away....
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Fellow Lemmings, how to create Social Media that does not have mods? (lemmy.world)
I am an anarchist, so the idea of the community doing all the work, creating content, and then mods basically ruling over them as a reward, just doesn’t sit right with me....