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Updated over 5 years ago on . Most recent reply

User Stats

70
Posts
17
Votes
John Morgan
  • Rental Property Investor
  • Akron, OH
17
Votes |
70
Posts

Has anyone joined the group "snap-flip"?

John Morgan
  • Rental Property Investor
  • Akron, OH
Posted
I recently joined a organization as a student called "snap-flip" after attending a real estate conference in my area. They provide financial literacy through classes as well as reoccurring support for customers/students. But They seemed to specialize in providing funding through private investors which states they will take 1.65% of every profit on each investment. They also provide a list of cash buyers and other resources to make the quickest "flip" possible. They provide this for students ONLY. I am bringing this to BP forum bc I am fairly new to this real estate world but I wanted to know has anyone else joined? Does anyone here from BP have a history with them? Are they legit as they say? Or have I been involved in a scam? PLEASE HELP! Thank you

Most Popular Reply

User Stats

70
Posts
17
Votes
John Morgan
  • Rental Property Investor
  • Akron, OH
17
Votes |
70
Posts
John Morgan
  • Rental Property Investor
  • Akron, OH
Replied

Cory Damon

Gladly Corey!! They weren’t a scam as I suspected but they were what you call real estate “gurus”. Although they were credible they would take you through success stories and tutorials of previous students who had scored big from using their services. After each step was crossed they would “suggest” you be a part of the next step which would basically require some form of cash down payment. After the first $500 they would then ask you to join by taking out a $15k credit line that of course they said you would make back! All in all I didn’t find it worth it! I’ve begun doing my own homework through extensive reading, YouTube videos, BiggerPockets forums, and local real estate groups and that’s much more beneficial AND FREE!!! Thanks for asking

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