Private Lender - To Good To be True or Not (David Tuttle)

[William J Hamm]

Recently I came across an individual that is offering private money loans at 3% interest up to $3M loans.  This caught my eye.  This lender does require an application fee to start the loan process.  To this point, I've not had a private lender require an application fee so this made me question this lender.  Is this a true private lender or is this someone trying to scam investors out of $$$.  I'm hoping that someone within the Bigger Pockets community has heard of this individual, David Tuttle.  I would like to know if anyone has ever heard of, had experiences or knows anyone that has dealt with David Kendall Tuttle in the past.  All input is greatly appreciated.