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Updated over 4 years ago,

User Stats

15
Posts
10
Votes
Chanie Chriqui
  • Rental Property Investor
  • Miami, FL
10
Votes |
15
Posts

Capital dream solution, are they a scam?

Chanie Chriqui
  • Rental Property Investor
  • Miami, FL
Posted

Has anyone ever hear of Capital dream solution, hard money lender? I saw this Facebook post on a real estate group for a hard money lender, I reached out and no one would ever answer the phone. They said me the terms via email and the terms just seem too good to be true. 

- Loan amount ranges from and $10k minimum and $5M per transaction.
- Loan Duration is 3 months minimum and 30yrs maximum.
- No prepayment penalty attached to my loan program.
- Loan interest rate is 6% minimum and 7% maximum depending on the loan amount and duration.
- But then they say, "we charge loan origination fee and is the only fee required before getting you funded, It's 100% refundable".

I don't know if I'm being paranoid or if this is really a scam. I would love to know if anyone has ever worked with them or if this something that is too good to be true. 

Would love to hear some feedback. 

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