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Updated 11 months ago on . Most recent reply

User Stats

2
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7
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Robert Kvalheim
7
Votes |
2
Posts

Lance Edwards No Money Down Apartment Buying FRAUD

Robert Kvalheim
Posted

Lance Edwards No Money Down Apartment Buying or Your Deals, My Dollars or any of his other courses is the absolute biggest fraud of them all. Stay clear of his courses like you would a hurricane. The information is good, but you can find all of that on the internet for free. Why do I say this, the last course of his 'Your Deals, My Dollars', he states he has thousands of investors eager for their 'next deal'. First deal I found- Asking Price $450K needed $175K in rehab, it was bought and sold for $1.1M when it was renovated, he says they don't do 'whales', OK so I didn't make the $475K because he doesn't do 'whales'. The next deal Asking Price 175K needed 30K in rehab and I contacted Lance and said I needed to fill out the paperwork, I did emailed it back, two days later contacted him, said never got the paperwork filled it out again, one hour later, they said they got the paperwork, three days later, they said they never got the paperwork, I emailed them their reply that they got the paperwork, they said they would look into it and in the meantime could I emailed them the paperwork again. I did. after 2 weeks, I lost the deal, Property fixed and sold for $400. Found another deal at 52 cents on the dollar, just needed a paint job, guess what? Same thing. He is also the worlds largest hypocrite. He teaches seller financing and he had 12 apartment deals on CI and I asked about seller financing, he says he doesn't do seller financing

Most Popular Reply

User Stats

1
Posts
1
Votes
Kim Ray
  • Investor
  • San Antonio, TX
1
Votes |
1
Posts
Kim Ray
  • Investor
  • San Antonio, TX
Replied
whats considered a whales?
whats his purchase price max?
can you post email screenshots?

for 2nd deal, can you post email screenshots?

what deals will he fund?

Quote from @Robert Kvalheim:

Lance Edwards No Money Down Apartment Buying or Your Deals, My Dollars or any of his other courses is the absolute biggest fraud of them all. Stay clear of his courses like you would a hurricane. The information is good, but you can find all of that on the internet for free. Why do I say this, the last course of his 'Your Deals, My Dollars', he states he has thousands of investors eager for their 'next deal'. First deal I found- Asking Price $450K needed $175K in rehab, it was bought and sold for $1.1M when it was renovated, he says they don't do 'whales', OK so I didn't make the $475K because he doesn't do 'whales'. The next deal Asking Price 175K needed 30K in rehab and I contacted Lance and said I needed to fill out the paperwork, I did emailed it back, two days later contacted him, said never got the paperwork filled it out again, one hour later, they said they got the paperwork, three days later, they said they never got the paperwork, I emailed them their reply that they got the paperwork, they said they would look into it and in the meantime could I emailed them the paperwork again. I did. after 2 weeks, I lost the deal, Property fixed and sold for $400. Found another deal at 52 cents on the dollar, just needed a paint job, guess what? Same thing. He is also the worlds largest hypocrite. He teaches seller financing and he had 12 apartment deals on CI and I asked about seller financing, he says he doesn't do seller financing


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