With fees at 1% to 2%, and a $395.00, one time processing fee, I thought that they represented a promising avenue for financing a deal, so my question is this.Why are Investors not using these companies?

I think you will be ok as long you can make good on your promise..

I was trying to bird dog wholesale deals for my former business coach, but all he did was deliver promises with no results (he was more involved in multi-level marketing more than REI).

:) What pisses me off is when a guy that "under promises and over delivers" like Shaun Reilly, who unselfishly serves the needs of BP Nation, and some idiot makes life more hard than it needs to be, well, Justin, WAS THAT REALLY HELPFUL?

(Still bitter that the prick never sent me the free MP3 player he promised for just attending a free seminar he did in Newton back in 2010:) ) P.S.

I wouldn't necessarily shy away from a deal like this in my area with thin margins if the rents were strong and the area had promise.

The tenant is asking me to allow him to stay, promising to change his ways.

In the case of my property, Bob had been seen a couple weeks prior to his disappearance by my colleague, who helped keep an eye on the property, changing the locks; only my colleague and Bob had a key to the new lock.After Bob vanished, I was left with about $10,000 worth of paid for, unfinished work, plus the additional $10,000 I had to shell out, and my colleague was out approximately $15,000 for starting his second property.ITEMS AND OBSERVATIONS AFTER THE FACT:Bob had about six investors (that we now know about), both local and out of town, who had the exact same issues in the same timeframe;When he disappeared, Bob had approximately $100,000 in paid for, unfinished work between the six owners, not counting tens of thousands of dollars in shoddy work, ALSO not counting the losses of items stolen afterward;After Bob’s disappearance, EACH one’s property was broken into, with the loss of appliances, HVAC components, granite countertops, and all varieties of building materials, adding up to tens of thousands of dollars;Bob is known to have used fake and unrelated addresses, claimed possession of properties he didn't own, and generally changes his stories when pressed, especially when called out.Bob utilizes two long-expired contractor license numbers on the letterhead of his estimates, and he has no current licenses.To summarize this review, STAY AWAY FROM THIS MAN AND HIS ASSOCIATES!!

We also know there are people who fake being disabled and a few doctors and other service workers who enable them to deceive.

There is argument for open and hostile easement - home is 70+ years old......Anyway - For the record - they never paid me the $500 referral fee they promise on their website - so good luck with that.Every home I have investigated from them has major, major issues.