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Updated almost 12 years ago,
Been Offered Financing by Than Merrill's associates - is there a catch?
I recently attended a seminar by Fortune Builders, was persuaded to go to their three day summit for $200, and left after the second day because I didn't like the way they tried to make you feel privileged if you got 'selected' to do their mastery program for $35K. Someone from his office just called me and said that they were doing a big push at getting more seasoned investors out there, because Fannie Mae and Freddie Mac would be releasing a lot of homes on the market and that could be hurtful, so they wanted to help fund investors, to get these houses bought up fast. I had been recommended as someone they should fund. He didn't know why my name was selected, that maybe I had talked to someone on the side, during the summit, who had a good feeling about me. He didn't tell me much about the details of loaning me the money, just to call him after I'd talked to my husband, if I was interested. I had talked to several people extensively, during the summit, including the presenter. But, lots of other people had private interviews, if they were interested in the mastery program. My question is, has anyone had any actual experience working with them? I really am worried about there being some 'catch' besides interest payments.