I have been looking for financing to purchase a funeral home, and I found Mr Ken Lipp online and started talking with him about financing. Once a location was found, I sent all the financial information to Ken Lipp and, we sent a letter of Intent to the seller. Ken Lipp insisted that $1000.00 be placed in escrow with his company. Money was wired.
Ken Lipp told me that he would have a financing answer within 60 days. After the 60 days passed with no word from him, I called and he said give him a few more days.
Since that time, I have sent several emails and made several phone calls and have recieved no response.
Beware of dealing with Ken Lipp. He does not follow through.
I paid $1000.00 for this lesson. Learn from my mistake.
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