Is 11 Capital Finance an MLM?

[David May]

I attended a conference call that as an investor sounded interesting. Seemed like they had a ton of funding options, and all laid out in a product sheet document. Heard $500 to set up a net branch to become a finance leg for any deals that come across. Then discovered a $199 monthly fee. Feels MLMish to me. Contacted to see if I could get more info, and some referrals to talk to. Did not get the warm and fuzzy from those calls. My question is for anyone who has created a net branch, and marketed it successfully, and able to send deals that will get funded and closed. Need to hear from someone who knows more from the inside. We all need money, seemed like a good addition to grow our company.

[Blake Garcia]

I actually just joined and done the extensive training. They have lots of training and info which I have found useful as an investor.  

I see the savings in doing my own deals within my portfolio. I am in the progress of submitting a refi on my apartments once I have my rent roll higher from remodeling complete. 

If you are leery of joining, I have researched and their loan fees and rates are still quite competitive as a customer. They are investor friendly for those of us with extensive tax returns and partnerships that banks tend to make more complicated than they really are.

There are loan options, some cheap, some expensive, but for all experience levels and portfolio size. Wholesale, bridge, rehab, ground-up, with the lenders represented.