I hate to report that I was a victim of a lender scam.

I will never fall for Dealmachine scams again....their 5 star reviews are definitely untrustworthy.Hi Linda, I am the owner of DealMachine.

We find that Craigslist is full of scams and that FB has some scams.

They don't care when you try to explain all the future projects, they actually hate hearing that since it sounds like a scam, when an investor says, "Give me a good price and I will have a lot of work for you" it sends chills up their spines. 

Why would he put his face and good name all over this obvious scam?

If people tell you to get a loan with 500 credit and no down payment and they can do it, I would run as they are most likely trying to scam you and request you pay $2500 or $5000 upfront and you will never see that money again.

He's got a good scam business set up.

This is definitely a scam then with the same pattern in every project.

I'm SURE you mis-spoke and meant to say, he's a close friend that I am trying to help but it was not my intention to "fix his credit".Debt Relief and Credit Repair Scams"The FTC has brought scores of law enforcement actions against these bogus credit-related services, and the agency has partnered with the states to bring hundreds of additional lawsuits"SOME CASEShttps://www.ftc.gov/news-events/topics/consumer-finance/debt...Financial Education Services (August 5, 2024 )Panda Benefit Services, LLC., FTC v.

A replacement cost should factor in depreciation.Airbnb knows exactly what they are doing when the scam hosts by not paying 100% for repair costs.