Fortune Forecloseures LLC-Any of you worked with them?

Question

Hey BP Nation!  Happy Friday.  I was wondering if any one out there has worked with or knows someone else who has worked with these guys.  They seem to be focused in the Pittsburgh area primarily.  They are offering turn key flips.  In that, I mean they are offering a house for sale with an all in cost up front.  You pay them that amount and in a couple months they will turn you over the rehabbed house list ready.  Their presentation of one to me was $110k all up buy in and an end ARV around $170k.  Seems maybe too good to be true????  I’d love to hear your thoughts!

Charles Flaxel · Answer

@Jim K.

Hey Jim, I just PMed you the address

Charles Flaxel · Answer

@Tyler Hubbs  Yes, thanks!  I found out pretty quickly it was a scam.  I steered well clear of them.

Tyler Hubbs · Answer

@Charles Flaxel do not!! It’s a scam! I’ve personally been scammed.

Jim K. · Answer

Yep. Sent you my thought. Short version, yes, it's too good to be true on this one.

Charles Flaxel · Answer

@Michael Nyszczot

Thanks for your input!  Now I just need to hear from someone who they did a flip for.

Jim K. · Answer

@Charles Flaxel

Never heard of them. Send me the address and I'll give you a local read. You might also want to post this in the Pittsburgh forum, although I think most of the guys that matter have Pittsburgh set up in their keyword alerts.

Michael Nyszczot · Answer

@Charles Flaxel -- if you are referring to this company (https://www.fortuneforeclosuresllc.com/our-team), I have sold my investment properties to them.  They are legit buyers, DJ Thielen is the owner. This was north of Pittsburgh in Mercer County. However, I have never purchased from them and cannot speak to that process.