100 percent financed/Juan Pablo reviews?
Member since 2019 路 2 posts 路 10 votes
100 percent financed/Juan Pablo reviews?
Most Popular Reply
Specialist 路 San Antonio, TX 路 Member since 2015 路 909 posts 路 297 votes
7ybe careful.. Grant Cardone (fraud) Brad sumrok is like lifestyles, I like Joe Fairless his website syndicationschool.com is free and well done enough then you can guide yourself and go network without paying 30-50k to join a BS program
40 Replies
- 5yJay HinrichsBusiness MemberReal Estate Consultant 路 Summerlin, NV 路 Member since 2014 路 45k+ posts 路 66k+ votes
Originally posted by @Juan Pablo:
Hey, thank you all for commenting. I really appreciate this thread for I read everyone's comments.
Please keep in mind investors, not every deal that you place under contract will close - that's just the nature of the beast when it comes to investing.
Why is that? Well, there are multiple moving pieces. At times, the seller may back out, you may not get financing to go through due to changes of lending practices due to (Covid19). However, as investors, we keep going and iterate as we go along.
Speaking of iteration, allow me to share with you the iterations and processes we go through in our Multi-unit Acquisition Program: After a client gets pre-approved for financing, we go through multiple deals to find the best ones that meet our metrics. Then, we share them with our clients. If the client wants the deal, we proceed with getting it under contract. While under contract, we perform due diligence and there will be some soft costs incurred. As you probably read through the comments on this thread, there are many moving pieces, costs, and folks involved in this transaction.
However, our goal is to help 100k investors obtain financial freedom - hence the reasons why we provide many videos, podcasts, programs, and services to help with this journey.
Unfortunately, we cannot promise that every deal we help you get under contract will close. However, if a deal falls through, we'll keep searching for more deals until you get one closed. As you can see, not every deal closes or is a 100% smooth process. If anyone on this thread is an investor, please let me know if you closed 100% of the deals you put under contract.I'm sure the answer is an emphatic "No". However, did that stop you from moving forward? Absolutely not. More than likely, you were relentless in your pursuit and persisted in the midst of temporary setbacks. If investing in real estate was easy, everyone would have passive income. Plus, you have to pay the cost to be the boss. Do you think every investor made a 100%+ return on every dollar spent? Is it possible that at times you lose money (such as soft costs - paying for property inspections for example and the deal ends of falling through)? The key is, that you win more than you lose.
Patrick, please share whether we worked diligently on your behalf or not. If not, please share how we can do right by you. Additionally, please share if this was a scam or not. If you think doing business with us is "too good to be true", then please do additional research. Please don't call it a scam as a result of one client in our MAP program had deals fall through at no fault of the program itself but because of the seller and financing.Last thing I'd like to discuss is the credit repair comment. At times, we outsource as a result of time constraints or to leverage someone else's expertise. In real estate, I don't change locks, screen tenants, evict tenants, inspect properties, or finance my deals - I have property management, property inspectors, and mortgage lenders that do this for me (outsourcing). However, if you didn't get the results you're looking for, please contact me so we can help and do right by you.
Again, I appreciate all comments
I'm an open book and my truest desire is to help.
Thanks.
-Juan Pablo
No clue about your program so no judgement there.. although reading from the posts on this thread.. and given the white hot market for MF the idea that folks that need credit repair or to get cash through credit cards are going to be financially viable to buy MF is well not sure what that is other than some may say a pipe dream.. Lenders dont allow seller carry back and NO cash equity.. now if you could get a seller to be the bank I get that you could smoke and mirror those deals.. but i would think those would be picked over low value or properties in the worst areas of town etc.. from the little I know and its only because i have brokered 50 100 unit apartments the buyers are quite sophisticated and have a lot of cash and have their lenders lined up.. I see the no money type buyers who need credit repair do OK in buying low end SFRs and flipping those .. IE the flipping shows that used to be on TV and then you had the big mentor programs teaching it ALA Montalongo Vertucci etc. Every thing is possible.. But to start with MF that seems like a pretty heavy lift for these folks.
Of course you can teach theory but then you have real estate reality..
- Investor 路 Durham, NC 路 Member since 2020 路 1k+ posts 路 691 votes5y
Hey Brandon!
I haven't looked into this program- however I am in the Think Multifamily program and so far it has been great! Let me know if you have any questions on that one- they are willing to walk us through deals and partner on deals.
- Member since 2021 路 5 posts 路 8 votes5y
Thank you all for your comments.
I read all comments and I appreciate the feedback.
I will comment on a few of the posts in my response below.
Here are a few things I'd like to mention...
Patrick was a valued member of our Multi-unit Acquisition Program (MAP).
As a member, we determine one's purchasing power and diligently search for deals that meet their criteria and purchasing power.
In real estate, there are a lot of moving pieces. At times, the seller may back out, we may uncover bad things about the property during the due diligence period which will cause us to back out of the deal, or financing may fall through.What makes it even worse, we, as investors, may incur some soft costs (costs incurred prior to closing) which end up being sunk costs.
However, as investors, we are relentless in our pursuit of cash-flow. Why? We want financial freedom. With reward, there are always risks involved. With investing, there are always risks involved. With that being said, we understand that not every deal we put an offer on will get accepted. We understand that not every deal we get under contract will close. We understand that not every lender will provide us with a commitment letter due to risks outside of our control (the market, covid, the borrower, etc). We understand that not every dollar we invest (property inspections) will yield an immediate return. We understand that not every negative item we dispute will come off.
We persist until we succeed because you must have a high-level of doggedness as a real estate entrepreneur.
We understand there will be sunk costs and time being wasted. However, we don't let that stop us from moving forward (hence the reason why Patrick had more than one deal under contract). Yes, we're there to help and provide guidance; however, please be mindful that a mentor will help minimize mistakes but not eliminate all mistakes.
Now, there may be some skepticism in regard to the quality of working with us and we understand your viewpoint on this.
Please keep in mind that if it sounds "too good to be true" then please do additional research. In addition, read between the lines and place things in context: We assisted him in getting more than one deal under contract - deals fell through due to the seller and financing (other moving pieces). However, we take responsibility and worked diligently on finding more deals.
In regard to Stefan's comment, I've noticed we deleted 30 negative items from your credit report in total (15 from Experian and 15 from Trans Union) while you were in our credit repair program (I just took a look at your file). Unfortunately, your score only raised 5 points. However, we have a two-pronged process to credit repair: negative items remove and positive items improve. Our next step was to start helping you improve/build your credit so your score will increase.
Last, our mission is to help 100k people obtain financial freedom and we have no incentive to "prey" on anyone. Our core value is to do right by our clients and provide value. If you think we failed in this, then please contact me for I'd love for us to talk and see how we can make things right.
I appreciate you all for commenting and we'll keep providing you with content and services to help you achieve financial freedom.
To Your Success,
Juan Pablo.
- Investor 路 Pleasantville, NJ 路 Member since 2017 路 14 posts 路 2 votes5y
Nice thread! I'm hoping yo give JP a try this week. I like that you came on here and at a minimum attempted to defend your position. I am not a rookie investor, and probably have taken enough Losses since 2001 to make most of you quit. Over time I have learned what I know and dont know. I know what I want, and how to get there. I need the deals and money. Give me that and watch me work.
- Richmond, VA 路 Member since 2017 路 1 post 路 0 votes5y
This is a scam people, you can do this yourself. This guy tried to pressure me 1 hour to enroll in his program. When. I Refused the monthly, he offered $ 75 fee to prepare for the program and I did that realized it was a mistake from his reviews and called back the next day and they would not refund me. Don't waste your time.
- Member since 2018 路 2 posts 路 2 votes5y
I just had a discovery call with Juan Pablo. He wanted to ask me tons of questions to see if I was a good fit but wouldn't answer any of my questions when it came down to how much the program costs or what I was actually getting as a member. As a last question, Juan Pablo asked when did I think I'd be ready to start, I said within 90 days. He said he'd call me back then because the market could change. I told him that I don't think that we'd be a good fit. I told him that he could interview me but apparently, I couldn't do the same.....If he couldn't tell me what his program was about now, that a call back wasn't necessary. We ended the call with pleasantries.
- Investor 路 Saint Louis, MO 路 Member since 2015 路 108 posts 路 31 votes4y
@Stefan Ikner, you are correct on the credit repair. Most people who advertise credit repair are just an agent for the real company that does the repair. I found that out myself a few years ago. The guy I signed up with basically knew nothing more than me filling out the application. I think they're probably paid part of the signup fee.
- Member since 2022 路 4 posts 路 0 votes3y
Quote from @Patrick Hendley:
Updated - I've been in the 100PF MAP program for over a year now, still have not secure my first multifamily unit. Placed another 8 unit portfolio under contract in early March, unfortunately contract expired on April 23rd, couldn't secure favorable loan terms that wouldn't allow portfolio to meet cash flow numbers because banks changed lending practices due to Coronavirus pandemic. Seller was not willing to extend contract or accept creative financing options. I lost another $1000 in inspection fees but should get back $2000 earnest money deposit. So far this journey has cost me over $22,000, still without a cash flowing multifamily property...to say the least I'm extremely disappointed and frustrated.
- Member since 2022 路 4 posts 路 0 votes3y
Quote from @Jon Collins:
@Stefan Ikner, you are correct on the credit repair. Most people who advertise credit repair are just an agent for the real company that does the repair. I found that out myself a few years ago. The guy I signed up with basically knew nothing more than me filling out the application. I think they're probably paid part of the signup fee.
- Member since 2022 路 4 posts 路 0 votes3y
Quote from @Sherice Bell:
Quote from @Patrick Hendley:
Updated - I've been in the 100PF MAP program for over a year now, still have not secure my first multifamily unit. Placed another 8 unit portfolio under contract in early March, unfortunately contract expired on April 23rd, couldn't secure favorable loan terms that wouldn't allow portfolio to meet cash flow numbers because banks changed lending practices due to Coronavirus pandemic. Seller was not willing to extend contract or accept creative financing options. I lost another $1000 in inspection fees but should get back $2000 earnest money deposit. So far this journey has cost me over $22,000, still without a cash flowing multifamily property...to say the least I'm extremely disappointed and frustrated.
- Member since 2022 路 4 posts 路 0 votes3yIt's been years now. Any updates? I'm considering it but I'm always skeptical. Especially these days. Thanks.
Quote from @Patrick Hendley:
Updated - I've been in the 100PF MAP program for over a year now, still have not secure my first multifamily unit. Placed another 8 unit portfolio under contract in early March, unfortunately contract expired on April 23rd, couldn't secure favorable loan terms that wouldn't allow portfolio to meet cash flow numbers because banks changed lending practices due to Coronavirus pandemic. Seller was not willing to extend contract or accept creative financing options. I lost another $1000 in inspection fees but should get back $2000 earnest money deposit. So far this journey has cost me over $22,000, still without a cash flowing multifamily property...to say the least I'm extremely disappointed and frustrated.
- Member since 2024 路 3 posts 路 0 votes1y
Well, I have been getting his emails for months now, and every time I click on the link, in his email, for his website, I always get a 404 Error, and can't ever get on his website. So, I tried emailing, and never heard back. So, I called the phone number listed on his email, and it would pick up, have a recording that said "this call will be recorded," and then hang up on me! Every time that has happened. The videos and YouTube presence made me think Juan Pablo was legit, but now, I'm more than skeptical!
- Investor 路 Jacksonville, FL 路 Member since 2025 路 30 posts 路 13 votes1y
Are there any other programs you recommend for people wanting to get into larger multifamily?
- Shelby Township, MI 路 Member since 2015 路 1 post 路 0 votes1y
Just like other said. If you try to reach his website or links in his emails sent to you, they all come up as error 404. That as recently as today. Juan has messaged me and wants to schedule a call with me today to discuss and send me some "free" materials . I'm also ofm the opinion that he's to be avoided. I'm looking elsewhere especially after reading thes threead that's more than six years old and yet the 404 error is still persistant. Something smells.
Join the conversationCreate a free account to reply, vote on answers and follow this thread.