Anyone heard of 51 west Properties based out of Miami?

[Justin Kennedy]

Looking to see if anyone has heard of or had experience with 51 West properties based out of Miami FL

[Jay Hinrichs]

Quote from @Steve K.:

Quote from @Tyson Holt:

I have also come across this company. And since I am brand new to a lot of this I don’t know what is too good to be true. They do put up a lot of red flags, but in talking with them they have at least put up a very professional facade.

I wanted to broaden the question, and ask if what they are promising is even reasonable. They basically are requesting private lending for their rehabs, say 35k, with a promise of a 60% roi in ~50 days with a committed buyer the ARV. It seems like an absurd return with no work put in. Pictures attached of some deals.

The rehab estimate seems very low and the ARV seems really high in my opinion, just based on a tiny bit of research looking at what this property was listed for recently (it hasn't sold), and what the surrounding similar properties are worth (~$250k). I don't know the neighborhoods or market in Jacksonville but @Jay Hinrichs might. I’d put 60% returns in 55 days in the “too good to be true” category for sure. 

sounds like scammers to me..