Many local attorney I talked they called asset protection with Wyoming LLC a scam .

Apparently their scam works like this...the investor has the work done.

This poor lady Diane sent these scam artists her ID thinking they would loan her money.

The main points I wanted out of the question was 1) in what ways can I be scammed, 2) in what ways can I protect myself, respectively, and 3) was the deal worth it?

I was at an REDC last month and I spent several previewing properties and the best deals that actually closed did so around 90% to 95% of FMV.The real scam here is that these properties are marketed for 10% above FMV as an REO and then when unsold, are remarketed and sold for 90 to 95% of FMV.

They have so much incentive not to scam when they don't have a salary and are paid based on % of cash flow.

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.