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Updated almost 12 years ago on . Most recent reply
Fundinganllc.com
Has anyone ever worked with or heard of this website: fundinganllc.com and I believe the company is "Synergistic Investments". I haven't read any terrible reviews online and, if legit, it looks like a great way to get capital to invest into flips. Any reviews would be greatly appreciated, or any other ways to get money to put into deals.
Most Popular Reply
From what I read, they charge 8% as a "finders fee" for establishing a line of credit with someone else. I'm assuming they are shopping your info to other companies/banks/lenders that will issue the actual LOC (i.e Line of credit).
so if you are approved by a 3rd party for let's say 100k , you owe Synergistic Investments 8% of that = 8k, which they say can be paid out of the LOC.
So if that situation is good for you, have at it.
This is just my opinion of how they work. I could be completely wrong.
Feel free to slam me :)