Anyone heard of Hubris Capital?

Question

Hi everyone, I was just browsing my local craigslist and I ran across an ad from Hubris Capital. Apparently they are brokers that help with finding private/hard money. They offer rates as low as 5.99% with up to 100% financing (I know those are probably more exceptions than their average funding terms). I did a search on this site and surprisingly had no hits. Anyone heard of them or used them?

Chris Mason · Answer

It takes a lot of hubris for a new fake online HML to actually literally call itself Hubris Capital.

(Note: I have zero experience with Hubris Capital & they could be legit for all I know, I'm just going off of the name of the firm and "if it looks too good to be true...")

(Note2: It would take even more hubris for a legit firm to call itself Hubris Capital.)

Jay Hinrichs · Answer

Audrey there is NO PRIVATE money at those terms or rates.. this is simply a pump and dump up front fee scam.. forget about finding private money like this it SIMPLY does not exist.

and if they are advertising it .. its not private money its a HML scenario.. or a lending company

private money is your dentist your doctor your librarian your parents your uncle your grandmother.. some one you know well.

Audrey Ezeh · Answer

@Chris Mason Haha I know right? The whole thing smelled fishy which is why I posted here. I dug in a bit more and the company is owned by a guy named Collin Alekanekelo Retziaff. Facebook page looks all kinds of sketchy :) Anyway, thanks for posting! Love the humor!

Evan C. Davies · Answer

Are you talking about these guys in Dallas? (www.hubris.capital) Not sure if they're a HML.

Collin Retzlaff · Answer

I don't bother with the Facebook page because it's not a lead source. There's a website in the ad.

Collin Retzlaff · Answer

Wow... apparently I can't even defend myself or my brand without the admin deleting my posts because apparently I'm just advertising??? How ridiculous, lol. Anyway, Omar, don't delete this, I swear...  anyway, no we don't charge fees, and no we are not a lender. We are a broker. 5.99% is a rate you get if you have stellar credit. Most people get between 10% and 15%. It all depends on you. We have tons of lenders we work with. Those rates are not private lender rates. Like jay said, don't believe anyone who says they offer  private money at super low rates and stay away from upfront fees. Although, if it deals with appraisals, it's not unheard of for lenders to ask for you to pay that cost.

Audrey Ezeh · Answer

Very true! Thanks for the feedback :)

Anyone heard of Hubris Capital?

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