Ever heard of DougLyons & Partners from Oakland?

[Matt Skinner]

Anybody know "Lender" Douglas Dorsey Lyons & Partners from Oakland?

Several weeks ago I posted on Bigger Pockets in search of a private loan for one of my associates.

Several people responded; one of them being Doug Lyons.  

He did his due diligence on the property; drafted loan docs (which were fully executed) and  he charged a fee for 3rd party reports.

My client spent significant time and money working with this so-called private lender and then the week before closing (which is supposed to be tomorrow) his wires never came through to escrow and he disappeared.

Anybody looking for a loan ought to avoid this scam artist.  

[Jonisha S.]

sorry to hear that that happened to you. Thanks for sharing the details of that "lender".