Oneof those emails that screams 'SCAM'!
I had the following email today which I would guess is a result of my posting on the Marketplace a few days ago. $3000 up front? I don't think so....
Hello Marc
Are you in Cleveland , Ohio OR BC ( Canada ) ??
You have a very good deal -- I can help you Finance
and may not have to give up 50% --ownership ..
Yes--may be higher interest rate --but you can refinance
I can help --in two or three years --once you have stabilized
occupancy over 85 % for consecutive 18 - 24 months.
If you can document -- what I read -- and have good statements
data --to show month to month occupancies and revenues from
2011 and 2012 --as well as P & L -- and tax returns -- I can help.
Is it Free and Clear at this time --your investment of $300,000
can you show the proof ? Is title on your name ?
What is Value at this time -- As Is with 70-75 % occupancy ?
Do you have an Environmental Report and an Engineering Inspection
Report ? Do you have any one prepared an Appraisal --based on
future occupancies --70 % - 80 % ?
I am a Commercial Mortgage Broker --have closed several hotel deals.
I had stopped for several years and now getting back Full Time
I am a retired Civil Engineer --Originally from India --Very Honest.
I am here in Atlanta -- 40 years --went to College at Ohio University
and then Wayne State University -Detroit.
Also --please note that --I will require $3000 deposit --to prepare the
detailed loan package --after I review basic financial data
I feel very comfortable --based on what I have read -- and my lenders
will do the loan --I may get you $500,000 ---or little more
Please reply to -- [REMOVED]
CHAMPAK C SHAH [REMOVED]
Most Popular Reply
Marc, there is a long time BP member by that name. You should be able to do some due diligence right here at BP.