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Private Lending & Conventional Mortgage Advice

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Bruce Yin
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Private Lender Scam?

Bruce Yin
Posted Nov 28 2018, 00:19

I need some funding for a fix and flip. I use a website Cix.com to get some lenders to contact me. One of them is Seabrook Investment LLC. The lender is Timothy Holbrook. I just want to ask if anybody has been scammed or worked with him? Or if he is legitimate? He asked for origination fees, and then asked for collateral fees. So I'm getting very suspicious. Cix.com says that they vetted all their lenders, but I emailed them and they say he's not on their list. Can anybody advise?

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