If not you will end up losing money and time to a loan officer that is promising you that they can help and only waste your time. 

He was sold on an promised "8 CAP" - and not on comps.

These days it's more challenging to find properties where the numbers are promising but they are out there.

These can also be easily faked, but most criminals are sloppy.

I would get an attorney involved for this as I am guessing this is your first or one of your first dealsBORROWER’S PROMISE TO PAYIn return for a loan in the amount of U.S. $ _________ (the “Principal”) that I have received from _____________________ (the “Lender”),  

Don’t pay a coach don’t get sucked into spending credit card money on dreams and promises.  

We loaned on a property that was stolen because of a fake notary.

What markets are you finding most promising for Fix and Flip projects, whether in Virginia or other states? 

I get a response about every other month- always with false promises, and never direct answers.Do you have any advice for how to handle situation?

These days it can be hard to tell but sometimes it's just so painfully obvious, and that's not the kind of content we want to reward because as you mentioned AI will sometimes at best embellish and worst fabricate or hallucinate fake information.