IS THIS A SCAM???

Hey everyone;

I have been hounded on the phone by this guy who is with a company that claims they will give me 100% financing for investment props.. Is sounds tempting but the catch is I must pay $375 for the investor package. Is this a scam? What type of questions should I ask? Should I tell him to stop calling or to start financing?

Need some advise b4 I make the wrong mistake.
Thanks guys.


confused confused
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Comments(3)

  • 16th May, 2003

    What exactly does the "investor package "
    include?

  • InActive_Account16th May, 2003

    If they want money up front my guess is that it is a scam.

    Whay not have them send you the lending guidelines and rates? After you see the guidelines you may find that no deal will qualify.

  • scoso17th May, 2003

    yes. it is a scam. their income should come from the cost of the loan. NOT some membership fee.

    Run away!

    scoso

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