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Updated almost 5 years ago,
Latra Investments and Atlas Financial Legitimate or Scam?
So in my search for financing on three cash out refis or a possible HELOC in GA, and need for commercial funding in a multifamily deal in FL recently I have come across Latra Investments and Jeremy Richardson at Atlas Financial, offering a variety of loan programs to suit all of my needs, competitive rates.
I found Latra investments responding to a Craigslist post advertising private money lenders (red flag) and a man and a woman spoke to me on the phone late at night about my deals and how they find private money and private lenders, we got into some basic details and said that we should wait until I had the commercial property under contract to proceed. Their website is here: http://latrainvestments.com/
Jeremy Richardson at Atlas financial cold called me saying he saw me on a list of buyers looking for private funding on myhousedeals.com. I did put my information on there looking for private funds. On the phone I gave him the addresses and financials of the properties that I wanted to cash out on over the phone and told him I was looking at cashing out to purchase an expensive multifamily property. I received pre-approval bridge funding letters for my 3 properties with rates, monthly payments, and an invite to a loan funding portal that is requesting my last 2 months of bank statements. The email claims they can close in 10-14 days and includes a video ad that they made.
https://www.atlasfinancialllc.com/
Nothing on scam reports, it's hard to even find latra investments with a google search. Are these lenders legit or has anyone used them before? Thanks for the help in advance.