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Updated over 5 years ago on . Most recent reply

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7
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Michael Hopkins
  • Investor
  • Ocala, FL
2
Votes |
7
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Hard Money Accredibility

Michael Hopkins
  • Investor
  • Ocala, FL
Posted

Hello, I am new to investing and came across this hard money lender on Facebook. The terms seem too good to be true. 100% financing with 5% APR interest only payments and 2.5 points. Points will be returned upon loan repayment. Can anyone tell me if they have used this company before?

http://Fredomfinancialsolutionsllc.com

Most Popular Reply

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Jeff S.#5 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Los Angeles, CA
2,181
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1,688
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Jeff S.#5 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Los Angeles, CA
Replied

This is a clear scam.

Go to the website:  https://fredomfinancialsolutionsllc.com/home/ and scroll down.

If you Google the names of a few of the officers shown and do a reverse image search of their photos, here’s what you find:

Chad Michael Jacobs - CEO, has a mugshot that doesn’t exactly look like his website photo, here:  https://mugshots.com/US-Counties/South-Carolina/Horry-County-SC/Chad-Michael-Jacobs.179587473.html


Ok you say, there are probably thousands of Chad Michael Jacobs out there.

Here’s the image of Chad Michael Jacobs shown on the website:

A reverse image search shows the full image is Greg Rodriguez, a 21st Century Broker in Covina, CA (I don’t known him). Here’s a link: https://joinc21culture.com/about-greg-rodriguez/

Here’s the image of Wilson Liam - Senior Managing Director shown in the website:

A reverse image search shows the full image is actually Bob Murray, Managing Director at Evros.

Here’s a link: https://www.irishtimes.com/business/personal-finance/me-my-money-bob-murray-managing-director-evros-1.2563436

I must say that those behind this website have some balls.

Should I go on?

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