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Updated 10 months ago on . Most recent reply
![Indrani Peyton's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2333129/1694835778-avatar-indranip1.jpg?twic=v1/output=image/cover=128x128&v=2)
Anyone heard of this funding company?
I am a newbie. I was invited to a zoom with this funding company called "Legacy Leavers", who has a 1st time investor program.
This program offers funding up to 400K with a 660 Fico, and at least 27K in yearly W-2 income.
No down payment, no Collateral, no proof of funds, no closing costs. The money gets funded directly to your bank account in 4 to 5 business days.
You can use the money however you want or you can fix and flip using the "Mo Money Matters" Program. It is a totally hands off program. I did a little digging and it appears they are affiliated with Elevated One Group (same programs)
Basically, I get the loan and they do all the work. Average 90 days to 6 months turnaround time from purchase, fix a d flip.
Has anyone heard of this.company or is it a scam?
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![Chris Seveney's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/329845/1674401826-avatar-7einvestments.jpg?twic=v1/output=image/crop=4480x4480@0x336/cover=128x128&v=2)
@Indrani Peyton
Run away- no legitimate lender would give someone a $400k loan on $27k a year
- Chris Seveney
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