I am under the impression it is scam trying to get your personal information.

You don't want to encounter some unpleasant surprises later that might affect your profitability.

In my opinion, college is a big scam.

I was told I still had the option to initiate a transfer, however, I would have to pay the 3% transfer fee and pay the variable 14-24% interest rate while funds were in use…Just like that, 40k of capital to go out and buy assets and get them to cashflow……gone.As a value-add real estate entrepreneur, I understand with every challenge encountered, there is a lesson to be learned and an opportunity to evolve.

In the interim, I had reflected on potentially shady pattern in my interactions/encounters, I decided to cancel the deal per the contract as the title was not deliverable by the closing date, confirmed by the title company.How do I get my earnest money deposit back, and when does the title company give it back? 

I would start with some of the educational material here on BP in order to get answers to those questions and the many others you will encounter!

actually expected something about ole ann the scam, but I guess we just sweep it under the rug here too. 

But when I look at properties now it’s hard to find anything that makes over $100 a door unless it’s a D class.This is exactly the problem we are encountering as well.

My lawyer was screaming this is a  scam .New appraisal was ordered .  

Also, what legal ramifications I could encounter?