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Updated over 3 years ago on . Most recent reply

Sagar Gogia's profile image
Sagar Gogia's profile image
Sagar Gogia
  • Wholesaler
  • from BOCA RATON, FL
  • Member since Jun 29, 2016
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Sagar Gogia's profile image
Sagar Gogia's profile image
Sagar Gogia
  • Wholesaler
  • from BOCA RATON, FL
  • Member since Jun 29, 2016
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Sagar Gogia
  • Wholesaler
  • BOCA RATON, FL
3
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Private Lending & Conventional Mortgage Advice

Sprout Financial unsecured loan funding review

Sagar Gogia
  • Wholesaler
  • BOCA RATON, FL
Posted

Recently, I have been trying to take out a loan for investing in fix-n-flip and I came across Sprout financial and they are offering me $70,000 with no collateral and no interest with fees of $6500. Has anyone used this company. I don't know if its legit or not? 

https://www.sproutfin.com

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Mindy Jensen
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  • BiggerPockets Money Podcast Host
  • Longmont, CO
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Mindy Jensen
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  • BiggerPockets Money Podcast Host
  • Longmont, CO
ModeratorReplied

@Sagar Gogia , If they ask you for ANY type of fee - some sort of "loan insurance" fee is a popular one with the scammers - then run.

  • Mindy Jensen
  • [email protected]
  • Podcast Guest on Show #261
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