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Updated about 12 years ago,

User Stats

287
Posts
164
Votes
Marc Ramsay
Pro Member
  • Investor
  • Ojochal, Costa Rica
164
Votes |
287
Posts

Oneof those emails that screams 'SCAM'!

Marc Ramsay
Pro Member
  • Investor
  • Ojochal, Costa Rica
Posted

I had the following email today which I would guess is a result of my posting on the Marketplace a few days ago. $3000 up front? I don't think so....

Hello Marc

Are you in Cleveland , Ohio OR BC ( Canada ) ??

You have a very good deal -- I can help you Finance
and may not have to give up 50% --ownership ..

Yes--may be higher interest rate --but you can refinance
I can help --in two or three years --once you have stabilized
occupancy over 85 % for consecutive 18 - 24 months.

If you can document -- what I read -- and have good statements
data --to show month to month occupancies and revenues from
2011 and 2012 --as well as P & L -- and tax returns -- I can help.

Is it Free and Clear at this time --your investment of $300,000
can you show the proof ? Is title on your name ?

What is Value at this time -- As Is with 70-75 % occupancy ?

Do you have an Environmental Report and an Engineering Inspection
Report ? Do you have any one prepared an Appraisal --based on
future occupancies --70 % - 80 % ?

I am a Commercial Mortgage Broker --have closed several hotel deals.

I had stopped for several years and now getting back Full Time

I am a retired Civil Engineer --Originally from India --Very Honest.

I am here in Atlanta -- 40 years --went to College at Ohio University
and then Wayne State University -Detroit.

Also --please note that --I will require $3000 deposit --to prepare the
detailed loan package --after I review basic financial data

I feel very comfortable --based on what I have read -- and my lenders
will do the loan --I may get you $500,000 ---or little more

Please reply to -- [REMOVED]

CHAMPAK C SHAH [REMOVED]

  • Marc Ramsay
  • Loading replies...