A LENDER TO AVOID AT ALL COSTS

[Kevin Tillery]

I'm writing you to save you and yours from dealing with a thief, a liar and a fraud. Read the entire message and inform everyone you know to prevent others from experiencing such financial loss. The power of community sharing will definitely help someone else avoid encountering Sean Richway!

FYI, on 01/02/20, during arbitration, Sean Richway crossed out my equity percentage in our ratified contract in a further attempt to hide and steal my money...The audacity of this guy.

FELLOW INVESTORS BEWARE!!!

The first and last 60/40 JV deal I closed with this company (see below) settled on 10/28, Monday morning. It's now Friday evening, 01/03, and I still haven't received my money... An amount sent via email was equal to 12% of the net profits...Vastly different from the 60% split I was anticipating after rehabbing, managing and selling the property...Sean's calculation doubled the closing costs, recouped revenue as expenses and included costs that were already subtracted from the HUD/CD... Prior to closing, I had a feeling Sean Richway, the person who's in receipt of my over $30K, would do this. So, I asked to be paid at closing. This request was denied with all types of excuses. My wire instructions were sent without the company's request, which is questionable if the intent wasn't theft. Going back to my company being the initial buyer further proves Sean's plan was to run with all revenues. Responses from Sean prior to receiving the settlement money were within the hour. Now, that Sean is in receipt of the closing funds, responses are non-existent...Typical actions of a cheat.

Before experiencing this very unprofessional way of handling business - I knew there wouldn't be a second time at bat with Sean and this company given the 3% monthly management fee outlined in the JV agreement. This clause is a very sneaky way to turn his 40% split to upwards of 60%. Sean, when discussing this transaction at least, did not manage the subject property in any aspect. Yet, he stands to generate $37K in management fees... Roughly, 1/3 of the net proceeds...That's a straight rip off! The money I've earned should have been wired at this point, period. To the very least, the funds I paid out of pocket should have been recouped through the closing proceeds. Any amounts in question north of this payment, could be hashed out and negotiated at a later date. Rather than figuring this out like men would do - Sean chooses to hide like a coward. So, I'll have to use the government to find him and bring him justice. In addition, his peers will now know of his unscrupulous actions...

Speaking of a cowardly act, what man leaves a woman without heat in her apartment during a Jersey winter...See article below...Straight loser. DO NOT waste your time with this guy. There are many legit lenders who lend or JV with you. Sean Richway, CFRE Investment Flips I and/or Infinity Capital Finance isn't one of these honorable companies. Never in my years of investing have I dealt with someone not forwarding profits as agreed. Now, I have to waste time going to courts and placing judgments to recoup money spent and monies owed. Real estate is too lucrative and fun to deal with such scumbags and crooks.

Happy investing! If, you avoid Sean Richway...

FELLOW INVESTORS, BEWARE!!!

Sean Richway, President (check out this 2019 article written about him...https://newyork.cbslocal.com/2019/03/27/forgotten-families-landlord-2/)

Infinity Capital Finance or CFRE Investment Flips I