At worst, you're being scammed.  

There are still many scams going on using its name so do research if you invest.  

I'm currently reading the UBG (ultimate beginners guide) and have encountered a conundrum. 

So caution.. if you use them... make sure you have a for real deal.. plus their fee's are of course since its 100% financing at the very top of what HML cost.. one thing I like to recommend those looking for 100% financing is just get a money partner give them the lions share for them putting up the money.. you don't risk money and you start to build your experience and credentials then after a few you can go to a regular HML like lending home that will do 80% or 90% with only a modest 190.00 fee up front.also since you made this post you will probably get private messages from the scammers that work BP telling you your all approved but then just wanted you to send them 500.00 bucks etc.. to show your serious or some other bull crap... also facebook and linkdin are loaded with those crooks.. they are nothing but totally scammers they don't lend they have no money they just try to hook you for the small up front fee then will go dark on you... think lottery scams and other Jamacian and Nigerian prince scams.

Not a situation I’ve encountered before @Charanjit Singh. 

So far I've encountered a lot of people trying to sell me their products, strategies and programs.  

I hate to say it, but this person has preyed on your good nature and will now become your worst nightmare.Spend the money now to try and avoid a massive problem, but dig those heels in because I think its going to be a long ride.After seeing what you've said, I invite others to weigh in, but knowing what you've just told me, you've got a professional scam artist in your property and this won't end well.

Besides the obvious that your place could get gutted and cleaned out of anything valuable, there are a number of scams where your listing gets posted to Craigslist, someone else gets access (IE via your lockbox) and "rents" your property to unsuspecting victims.If you do collect fees electronically, don't use Paypal.

the second reason you don't take bulk cash is because that behavior often originates from scams or slimes, you may have both on your hands.

Hi BP,I am new to this platform and want to get an insight of anyone has had any encounters with entities that do crowdfunding.