NRIA has denied any wrongdoing and no government action has been taken against it.ADVERTISEMENT“The sad reality is that many investors are relying upon a complete and total misrepresentation of material facts about the profitability and financial stability of the company to make an investment decision,” Minkow wrote of RAD’s advertisements in an October update to his report to the SEC on that company, originally filed in April.

Syndicators advertise for people on Facebook and other sites because most cannot raise institutional money as to raise institutional money they need to have audited financials, a due diligence report done on them by 3rd party to start.

This is similar to what Clayton Morris has been accused of recently: https://www.nytimes.com/2019/09/10/business/clayton-morris-indianapolis-fox-news.htmlI believe the FTC should be involved due to the advertising side of this alledged fraud.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

Quote from @Mike Marenick: Worst loan experience everThe website advertises 12-14 day closing times for loans.

I recognize not everyone gets this but my margin is wsj prime plus 0.5% which currently is a high 8.5% (8% + 0.5%) but fairly recently was competitive with mortgage rates.  

Hi @Julie Muse,What a fantastic example of recognizing and executing a market-ready opportunity!

Normally when a  property is advertised as "cash only" the property is in poor condition and/or the seller wants to reduce contingencies and opts for a cleaner transaction.

If you want a more accurate estimate for rent, use any platform and zoom into your local neighborhood and see what similar properties are advertised for rent.

We recommend that you check reviews of the lender; Ask for references; If the lender is advertising something that is outside the normal metrics for the industry it is likely a bait and switch.