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Updated almost 5 years ago on . Most recent reply

User Stats

43
Posts
48
Votes
Kevin Christensen
  • Rental Property Investor
  • Delaware, USA
48
Votes |
43
Posts

AVOID PRO 1 CAPITAL FUNDING AT ALL COSTS

Kevin Christensen
  • Rental Property Investor
  • Delaware, USA
Posted

Pro 1, their staff, Monica, Tiffany (Owner), Wyatt and all of their loan brokers, are liars. They promised me they could close my refis in 2 weeks and my purchase within 30 days. That was in early January. They made me pay almost $3,000 for 5 different appraisals, which included RUSH FEES, and then didn't even use those appraisals, nor did they RUSH anything. Then, after telling me 8 different times that we were closing 'this week', they would get within a few days of closing and send me a completely updated list of changes and requirements that had no explanation. They are absolutely the worst communicators I've ever dealt with in the real estate investing business. They flat out lie to you and have no problems doing it. All of this occurred BEFORE we started seeing issues because of the Corona Virus. Once that happened, and we STILL hadn't closed, the list got even more ridiculous. I wouldn't recommend this company to my worst enemy, let alone someone I care about. This company is a joke. My realtor, the seller's realtor, my attorney and even their own loan broker here in DE had no idea what was going on during 98% of the process with this company. Most of us believe their investors don't have any money, even though they claim to. I presented them straight forward deals with a 795 FICO, many deals experience, and they couldn't close a few simple refinances and a straight forward huge equity purchase. I lost TWO deals because I trusted this company. Never again. Do yourselves a favor and RUN the other direction if someone tries to recommend them to you.

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