The Mortgage Protection Help Desk....scam?
Received a list of notes for sale by someone on BP, the names don't match up though.
Their list of mortgages has a lot of high value properties with low outstanding balances along with a bunch of low value properties with high unpaid balances. They average those 2 pools together to show you a roughly 4.2 million dollar unpaid balance and a 4.5 million assessed value.
So, if you take the unpaid balances only for the equity properties and then you add their BPO values for the others, you come up with a 1.5 million dollar value. Which, to any of us means the pool is worth under a million. They are asking 2.4 million.
I rudely point this out (because i take offense to those that want to rob me) and I get the following.
"Ok, I am seeing now that you CLEARLY don't know how to talk to people.
You have no tact. No respect. No class. No business ethic. No nothing!!
What is the point of coming to me as aggressively as you are.
Common sense would say to come with some respect and consideration and COUNTEROFFER!!
COUNTEROFFER. Counter....offer.
You are incredibly messy.
If you had have asked like you had some sense, I COULD HAVE possibly accepted your offer but, you??
No sir...you do NOT deserve it. You get more bees with honey.
Your response tells me that you really don't understand how to do business here. 55% of the price is less than $2.4M. That leaves over $2M in equity.
If you could get a better price than that, you would have known to simply counter offer OR you would have had the connection to get it otherwise. Bogarding and bullying just won't cut it.
GET YOURSELF TOGETHER!!
Do not EVER email me again.
The MP Help Desk"
So, i ask the biggerpockets community. Has anyone done business with these people? Or are they just another scam looking for someone with too much money?