Usacomplaints.com » Business & Finance » Complaint / Review: Upfunding.com - Ripoff Real Estate Funding. #237552

Complaint / Review
Upfunding.com
Ripoff Real Estate Funding

Duane claims to be able to trade equtiy of property they do not own and use proceeds to purchase the real estate for cash in 6-12 months. He has never closed a deal and talking to him is a total waste of time. He provides you with poorly written forms that you retype and his liability is then zero. You negotiate a purchase agreement and obtain an appraisal on a large property but that is as far as the process will ever go. You send in your deal to be "TRADED" but something goes wrong. Their favorite is to say the TRADERS went on Vacation for a month, or the TRADERS have changed their appetite. Your deal will never fund. This is a version of the Prime Bank scam. Others in the group take your Purchase Agreement and the Appraisal to raise funds from individual investors and run a Ponzi scam with your paperwork.

Then when your frustration is at a peak they give you a reference named Cerah and she tells you that the Cash deals go in 10-14 days because Cash is King. Go through 30-60 days to get to the SWITCH so they can get your cash. Total waste of time and effort.

Have made other posting with different key words featured so others can do research.

Good luck


Offender: Upfunding.com

Country: USA   State: California   City: Huntington Beach
Phone: 7148493822

Category: Business & Finance

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