"We are born astride a grave - WaynesWorldStage.com

My business was doing well, but ouroverhead was so high that we had no money. Atthis point I was paying over $6000 per month forthe business' rent and three mortgages. Instead ofreceiving a rental income from the Centerportproperty, I had lost about $30,000 in potentialincome by providing Lyn's parents with a placeto live.I needed money to invest in newequipment for Box One. I had a chance to buy abrand new Royal Print Processor for less thanhalf price. This was a black and white paperprocessor. We had one, but it was getting old. Anew one would cost $24,000. This one was still inits original crate for $10,000. I asked Lyn'smother for a loan of $10,000 at an interest rate of12 percent, with a mortgage on the house theywere living in as collateral. She said, "No." Thisstunned me. How could she say no after all I haddone for her? I was not asking that she pay backany of the $30,000 that I had spent on her behalf.I was asking for a secured loan with interest. Iasked that she reconsider. She did, andreluctantly loaned me the $10,000, but she told allof her children, including my wife, that eventhough she loaned me the money, she reallydidn’t want to do it. So everyone in the family,including my wife, was suspicious now of mymotives.268