Has anyone heard of ABC Capital Group

[Eric Hyde]

Has anyone in the real estate note investing world heard of or done business with ABC Capital Group out of Atlanta, GA?  The person I have been in contact with, Christopher Armour, seems to be the only person in the company and the website seems to present themselves as some large multi-million dollar company including the following statement:

"ABC Capital Group has successfully managed millions in portfolio acquisitions across several managed funds since 2008.", yet I can't find history of this.  

They go on to say, "ABC Capital acquires real estate and loan portfolios from financial institutions and private note sellers that are seeking to get fair wholesale value"  ??  What?  

"If you have been searching and can't find what you are looking for, we probably have it. Here are a few of our more popular services: Real Estate Consulting, Residential and Commercial Private Loan Consulting, Real Estate and Mortgage Loan Acquisitions and Disposition, "Proof of Funds" (POF) and Verification of Deposit (VOD) letters, Bridge Funding, Joint Venture Capital, Business Capital Funding, Equipment Leasing and Escrow Deposit Funding!"

Seems they do everything...........or is it a scam? Looking for feedback from those in the performing and non performing note (NPN) investing world.

Thanks,

Eric Hyde

[Dion DePaoli]

Never heard of them or did anything with them.  Looks like they are a local Houston, TX company.  Several offerings for local Houston real estate type stuff.  Don't see them located in Georgia.  If it doesn't pass the sniff test, don't force it to work.  Just move on.