Brian masin
Established Member
- Impact
- 2
So i like most of you have been seeing these ads around this forum as well as others for lend.me money based on your domains value. I dont have the prettiest list of domains, but one thing i do have is a lot of sites that have a high value in estibot, which is what lend.me bases their valuations on. Soi hadnt dont the calculations in a number of months, but was happy when i ran the numbers and came up with a total of $75k which was made up of 35 domains. I am thinking 20-30k isnt out of the question if i have triple that amount in domains. EHHHHHHHH...no, sorry...you get the award for biggest clown shoe here today. After spending an hour or so answering the questions about money use and company goals, i added the site list and submitted it. I figured i would hear from them at some point this week. Nope, no longer than 3 or 4 minutes later i receive an email saying thanks but you have provided to many sites..your app is being rejected.
I dont know what to say a t th is point,, so i write to him and ask what type of sites are they looking for. He tells me that they are looking for 1 or 2 sites in value of 100k per site. So i decided to bust this guy up with q uestions...how long is the loan term, how does the lender get paid, how MUCH is the INTEREST on this loan. Now th is is where i wouldve either punched h im or laughed at him had i b een there in person. He say s that the % is 12 and the money that will befunded will be for every 100k you put down we will offer $10k. I am not rich, but i am figuring anyone that is rich didnt get th at way by giving up all their assets for 10% of what i t is worth and 12% interest. if that sounds solid to you then obviously give it a s hot, but the gentleman i worked with made it very clear that if you werent a high roller then you werent wanted.
I dont know what to say a t th is point,, so i write to him and ask what type of sites are they looking for. He tells me that they are looking for 1 or 2 sites in value of 100k per site. So i decided to bust this guy up with q uestions...how long is the loan term, how does the lender get paid, how MUCH is the INTEREST on this loan. Now th is is where i wouldve either punched h im or laughed at him had i b een there in person. He say s that the % is 12 and the money that will befunded will be for every 100k you put down we will offer $10k. I am not rich, but i am figuring anyone that is rich didnt get th at way by giving up all their assets for 10% of what i t is worth and 12% interest. if that sounds solid to you then obviously give it a s hot, but the gentleman i worked with made it very clear that if you werent a high roller then you werent wanted.