I just bought a 3 bedroom apartment.

[Casawi]

Originally posted by: Cable God
OP must know PAB....... This seems like classic PAB.....

pab?

 

[invidia]

I bought several huts in Ethiopia for $1.34 four months ago, I have not seen them yet.

 

[Casawi]

Originally posted by: invidia
I bought several huts in Ethiopia for $1.34 four months ago, I have not seen them yet.

My roommate is Ethiopian, I'll ask her to get me some too.

 

[spidey07]

Originally posted by: Casawi

Originally posted by: Capt Caveman
How are you going to pay back the loan?

By making monthly payments on time...lol
For now my dad is going to be helping me make the mortgage, until I no longer have to pay tuition and be some what on stronger feet.

This is going to turn out to be an epic thread. It's going to deliver.

It's got international tax law involved, it's got a guy sending and signing documents not read, it's got fraud, it's got a new found character in "my dad", it has an audience with the student loan thing.

It's gonna deliver.

 

[Casawi]

Originally posted by: clamum
You should have Poplawski live there.

This guy thought me some Java...lol

 

[paulney]

A US bank loaned money for an international property, and in Casablanca no less?
What kind of bank gives out money without due diligence, especially if the money are secured by an international property in a THIRD WORLD country. Well, maybe Societe Generale does, but seriously?

A purchase like that would set off all kinds of tax fraud alarms/Sarbanes Oxley act directives/whatever.

Good luck with the IRS as well.

 

[KLin]

Originally posted by: paulney
A US bank loaned money for an international property, and in Casablanca no less?
What kind of bank gives out money without due diligence, especially if the money are secured by an international property in a THIRD WORLD country. Well, maybe Societe Generale does, but seriously?

A purchase like that would set off all kinds of tax fraud alarms/Sarbanes Oxley act directives/whatever.

Good luck with the IRS as well.

I think it was a bank in morocco, not the US.

 

[erub]

Originally posted by: Casawi

Originally posted by: Capt Caveman
How are you going to pay back the loan?

By making monthly payments on time...lol
For now my dad is going to be helping me make the mortgage, until I no longer have to pay tuition and be some what on stronger feet.

shouldn't he always be paying for some/all of it, after all he is the one living there (I'm assuming you are staying in the USA?) How come your parents don't have good enough credit to buy their own, if they use a "credit-system" in Morocco, especially since their income is enough to pay for it for now?

 

[loup garou]

Originally posted by: CptCrunch
since when do you buy apartments?

lol, this is my favorite post ever.
:facepalm;


EDIT:
dibs on firtst week in July for vacation

 

[LtPage1]

A $200k apartment in Morocco has got to be REALLY nice. I'm looking forward to pics.

 

[Capt Caveman]

Originally posted by: LtPage1
A $200k apartment in Morocco has got to be REALLY nice. I'm looking forward to pics.

The OP is too!!!!

 

[zinfamous]

Originally posted by: Mahaguru

Originally posted by: CptCrunch
since when do you buy apartments?

Maybe in other countries you can.

have either of you ever lived in a city with a population greater than 10,000?

doesn't sound like it.

Do you really think that all those people living on 5th avenue rent?

 

[zinfamous]

Originally posted by: Casawi

Originally posted by: KK
you should have gotten a 1 room apartment and have your parents sleep on the floor beside the bed you are sleeping on. Ain't that how you folks do it?

I will not be living in there except when I go on vacation.

hey, My GF and I are planning on visiting Casablanca in the summer. can we crash your place?
that is if it hasn't been confiscated by the FBI or the secret service....or whoever it is that regulates international fraud.

 

[loup garou]

Originally posted by: zinfamous

Originally posted by: Casawi

Originally posted by: KK
you should have gotten a 1 room apartment and have your parents sleep on the floor beside the bed you are sleeping on. Ain't that how you folks do it?

I will not be living in there except when I go on vacation.

hey, My GF and I are planning on visiting Casablanca in the summer. can we crash your place?
that is if it hasn't been confiscated by the FBI or the secret service....or whoever it is that regulates international fraud.

dude, you gotta call dibs...

 

[tranceport]

I'm going to go ahead and call BS...


No US bank in their right mind would risk this.

 

[zinfamous]

Originally posted by: Casawi

Originally posted by: Cable God
OP must know PAB....... This seems like classic PAB.....

pab?

PAB
|
v

 

[zinfamous]

Originally posted by: loup garou

Originally posted by: zinfamous

Originally posted by: Casawi

Originally posted by: KK
you should have gotten a 1 room apartment and have your parents sleep on the floor beside the bed you are sleeping on. Ain't that how you folks do it?

I will not be living in there except when I go on vacation.

hey, My GF and I are planning on visiting Casablanca in the summer. can we crash your place?
that is if it hasn't been confiscated by the FBI or the secret service....or whoever it is that regulates international fraud.

dude, you gotta call dibs...

haha, i just read that earlier post

we'll be through before July though...so I call June dibs

 

[Casawi]

Originally posted by: erub

Originally posted by: Casawi

Originally posted by: Capt Caveman
How are you going to pay back the loan?

By making monthly payments on time...lol
For now my dad is going to be helping me make the mortgage, until I no longer have to pay tuition and be some what on stronger feet.

shouldn't he always be paying for some/all of it, after all he is the one living there (I'm assuming you are staying in the USA?) How come your parents don't have good enough credit to buy their own, if they use a "credit-system" in Morocco, especially since their income is enough to pay for it for now?

Mydad is has left back home in 04 and lives in FL now, he does whatever floats his boat with fellow Moroccans in Orlando, and cooks at a friends Italian restaurant (My dad never even made it thru Junior High ...lol ... thats maybe why) . He plans on moving back soon tho, but not back to his profession... not really sure what his plans are.

 

[Casawi]

Originally posted by: LtPage1
A $200k apartment in Morocco has got to be REALLY nice. I'm looking forward to pics.

Me too man... she said it is all marble floors except the bdrs ...we'll see. My mom has good taste so I am not really too worried. Except that is 3:00 AM and I can't sleep...lol

 

[Casawi]

Originally posted by: zinfamous

Originally posted by: Mahaguru

Originally posted by: CptCrunch
since when do you buy apartments?

Maybe in other countries you can.

have either of you ever lived in a city with a population greater than 10,000?

doesn't sound like it.

Do you really think that all those people living on 5th avenue rent?

yeah.. really... sometimes all there is, is apartments.

 

[ViviTheMage]

wow, read stuff before you sign...........................

 

[ponyo]

My initial reaction says this is a good idea. Your parents can live in the place while they take care of it. It could be a great investment. There are definitely places in the world I wish I had relatives in where I could purchase real estate and have them take care of it.

 

[wwswimming]

Originally posted by: BoomerDsure sounds like you're engaging in outright fraud. That doesn't sit well with me, and I hope it both fails to work as planned, AND that you get caught and charged for fraud.

maybe he's warming up for a Presidential Run.

there's 2 kind of fraud - fraud that involves physically
hurting people (e.g. Clinton & Bush's lies preceding
military action in Iraq), and fraud that involves taking
people's money (which can also physically hurt people).

having experienced both & witnessed both, i would
say it's an important distinction.

pictures ? (of the apartment ?) is it near the ocean ?

 

[thereds]

I like Casa. Been there twice on business and stayed near the old Medina where the Hyatt and Royale Mansour is.

Congrats.

Oh and Marrakech is great.

 

[duragezic]

Originally posted by: Cable God
OP must know PAB....... This seems like classic PAB.....

No, not even close. Rather, you must not know OP....