I can't really call this a scam because they are offering a service but at the price they are doing it and telling people it's ok to use credit cards or borrow to pay this debt pi$$ed me off.

Do a google search & type in Carleton Sheets scams & check that out !

That's into scam territory, ala Pinnacle Investment Partners.

These are the folks the rest of the real estate investor community can thank for the SAFE Act and Dodd-Frank, predatory operators went too far and everyone got hammered.It then goes to say that any honest, ethical and lawful real estate investor shouldn't have anything to do with the scam artists in the industry, they cause great harm to the public and in turn to the industry as a whole, They are not heroes of the industry as their gurus and coaches make them out to be or as they proclaim.

I am what you would call...an extreme skeptic when it comes to purchasing any real estate investor materials and consider most "experts" to be unethical scam artists.That being said, Danny earned my trust early on before he released his websites.

If that was the tenants idea, they were scamming your uncle from the start.

John Anderson This structure isn't meant to scam or defraud anyone.

First, a private lender is someone known to you, not someone who advertises "private money" they are hard money lenders.I suggest you not deal from the internet, too many scams out there.

No good reason to.I have seen listings where sellers will consider "terms", they are on CL as well, but such are usually with investors and most are on the scamming side, so watch valuation carefully, financing does not add value to a property!

Only way to protect yourself from craigslist scam artist is to have multiple quotes, ask for references, and go with someone in the middle of the ballpark.