Found potential private lender...but.....

[Jason A.]

I've been exchanging emails with a foreign financial manager and apparently he liked what I had to say because he has very wealthy clients who would like to lend me money to purchase multifamily real estate in the US. 500k is available immediately, with potential of up to (get this) 35 million! Sounds like a dream come true right?? The problem is that the investors would like to meet with me on their home turf in Northern Africa. First off, I don't even have a passport and have never left the states (nor do I want to). Second, I'm not even sure how to go about borrowing money from foreign soil. Are the rules of exchange different?? Also, I am skeptical that the whole thing is some kind of scam, although his credentials seem to check out. Curious what others would do in this situation??

[J Scott]

There are so many things about this that set off warning bells that I'm not really sure where to start.  If they have $30M to invest, they can afford a plane ticket to come visit you and see some of your properties.

Btw, when you say "northern Africa," do you mean Nigeria?  :-)