"Funding For Flipping"

[Rick Fonseca]

Have you heard of Funding for Flipping? I am getting a lot of emails from this company saying that they advance funds not only for Rehabs but also for Marketing.

[Andrew Michael]

They use your credit score to qualify you and pull out CC lines of credit.  A simple Google search gives you several scam reports as well as information on how the program works/ the fee's associated.  This is so clearly a bad idea and should raise every single investor alarm bell you have.  

Does a 0 down 0 interest loan model really sound logical?  This technique, though possible for a very VERY experienced flipper can work, should never ever be recommended to new or even intermediate investors.  This is such a dangerous play please please do not recommend this to one of your students.