Are (some) Lenders that desperate to find Borrowers, that they lend purely against your promise to pay back, even though you have no provable assets or income, and they'd have no way of tracking you down if/when your scheme/scam comes undone?

Are they really a Ponzi scheme?

But the first thing you need to understand is that there is not a get rich quick scheme out there.

@Mark Bloom  of course you don't you would not be able to do what you do legally in our state and you guys are the worse of the worseit was a few deals I funded in Dallas and both disasters.. your guys lied about ARV and rehab cost my borrowers relied on it. and they lost all their dough.. disaster.along with that your just reselling stuff that is MLS.. you just tie it up and wiat for the dummys to buy it my guys were dumb enough to deal with you.. hopefully once this upmarket dies down you will find some other victims in some other scheme. 

1) Bought and managed my own new construction home project2) Negotiated the price of the house from $257,000 to $250,000, rearranged the interior of the home and selected the color scheme for the exterior of the house3) Shopped around for custom-made kitchen cabinets, carpet, hardwood floors, tiles, light fixtures, and appliances4) Installed the hardwood floors, tiles and bathtub surroundings, and painted the whole house all within a week5) Finished a room in a basement from scratch – framed it, sheetrock, door installation, walk-in closet, electrical, wall texture, painted, and hired the right people to finish the carpet and window seal installation - Total cost about $23006) Sold the house 22 months later for $285,000 and made a net profit of approximately $35,000.00 after escrow reimbursement, cashflow from rental income, interest on property tax return and amortization.Great experience and good return on my $13,000 initial investment. 

Just look at the paint schemes on the exteriors of the New Orleans homes.

I was very vulnerable when I was a rookie; It's pretty much a money making scheme for them!

Exactly those with little to no money and many that are beginners so they are not up to speed on complicated vesting and JV schemes..  

They also charge a fee to deposit the money, and manage it.I do like the fact that they do not charge a promote/profit sharing scheme like a few competitors do.As a conservative investor, I feel Fundrise has a decent debt offering, but several of the others are way too aggressive.

Robinson this morning on E mail I wanted to see if she would co write a BP blog with me on these advance fee lending schemes..