Because there are nuances to seller financing, a lot of space would need to be devoted to covering the subject to make sense, and that requires sitting down to a cup of coffee for a long discussion.

@Kathy Merkh  I would say it's a scam. 

Quote from @Patrick M Nichols: Cogo is a total scam... lots of fees on the front end.

I appreciate your first hand experience with them as there are so many scams out there.

Been doing wholesaling off and on with little success but hopefully more time to devote to that shortly.

If you have the time to devote to it, direct to seller methods can be very effective, but will take ultra-patience and intensive work. 

My next 3 months are devoted to learning, practicing analyzing deals, etc. 

Additionally, please share if this was a scam or not.

Agree Google nmls - funny on Facebook where 99% of private lending groups that are public are scam artists you get the "well license isn't required"I reply to this noting that while you are correct in some states - chances of a scammer with a nmls license are less than 1% while those without is 99% on sociale media 

If anyone tells you that you can get 15% cash-on-cash it's either a scam or ultra high risk.