Also, this has been mentioned before on BP, about aged entities being sold as a credit scam....I don't know who could possibily think that Joe Jones had ABC, LLC for 3 years and established a good credit rating (actually experience) and then Harvey Deadhead buys it and expects to walk into a lender and use ABC's old credit standing without a lender seeing that the LLC has changed ownership and then look at new management and the new owner.....because the lender will!

Again, I'm NOT saying to be rude, lie, scam, or BS anyone, but you'll get a lot further knowing persuasive speaking techniques than not.Nick

From what I can tell, most of these scammers are either fishing for good email addresses (once you reply to them, they've got your real email address) or they're part of the fake cashier check scam (where you get a cashiers check for more than the deposit, refund the difference, then discover that the original check was bad).

Contracting at a price that is too high, taking the down payment, then having the borrower fail, is a classic rinse and repeat scam.

Giovanna Coppola, Robin Carson, James Grant and the "Affordable Mortgage Lending" private money is a SCAM!

@Bruno Morales also of course post their name and your experience in every forum and real estate-related social media and realtors so their reputation doesnt allow for anotherone to fall in their scam.

Learned a lot, got scammed only slightly on this first renovation, so I suppose it all worked out okay in the end. 

Scary the kind of comments these scam artist can buy

Last thing is I would be careful, maybe its just me being skeptical, but this sounds like a scam to me.

If you look at metrics, there's been plenty of appreciation in Florence, so if you've had these houses that long and they weren't refinanced on scam appraisals, there should be enough equity left over to break even.Every house has a buyer at the right price.