FreakyFast Income Fund mistake

Dallas, Texas
Real Estate Horror Stories
3moFollow

FreakyFast Income Fund mistake

Mark C.
Plano, TX · Member since 2012 · 43 posts · 10 votes

Just a heads up.  What seemed like a decent cash flow opportunity offering 16% per year has disolved into a big loss potentially.  Cash was flowing great for 6 months and decided to invest an additional amount.  Things started going down hill 2 months later.  Supposedly they were having issues with a company dispersing funds and started the process to switch companies to handle dispersements.  Well 6 months later nothing but a stain on my pants and assurances its not raining from them. Beware.

0Reply
474 views

Most Popular Reply

Chris SeveneyBusiness Member
Moderator
Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
3mo

@Mark C. Might be time to get an attorney involved as time is typically not a friend when the sponsor goes dark and is not responding 

7e investments53 Reviews
WebsiteView Page
2Reply
See this reply in the discussion

11 Replies

Jump to latestLatest
  • Christian Swink
    Member since 2021 · 1 post · 0 votes
    3mo
    Hey Mark, just curious about your experience and was wondering if you had a little more information. Was this Freaky Fast Home Buyers and Investments you were referring to?
    0Reply
  • Mark C.
    OP
    Plano, TX · Member since 2012 · 43 posts · 10 votes
    3mo

    I invested in the Income fund April 2025 then October 2025 from consistent payments I decided to add more.  Then things started going awry.  November was late, then December late.  They blamed it on the payment company and starting in January 2026 they posted announcement payments were suspended while switching to another payment company here it is June 2026 and zero payments.  I left and email to 3 of the top executors, June 1 I am requesting principal to be returned.  Since then they havent even reached back out to confirm receipt of my request, nothing. Seems to indicate the investor/customers are not very important and what ever is going on in the company is a disaster.

    0Reply
    • Chris SeveneyBusiness Member
      Moderator
      Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
      3mo

      @Mark C. Might be time to get an attorney involved as time is typically not a friend when the sponsor goes dark and is not responding 

      7e investments53 Reviews
      WebsiteView Page
      2Reply
  • Jason Hartman
    Rental Property Investor · Scottsdale, AZ · Member since 2012 · 314 posts · 146 votes
    3mo

    Hi @Sue Gee,

    Yes, Oliver is out the door and went to Norada - Marco Santarelli who was indicted by the Feds and awaiting sentencing - such good people in our business - lol.  We are here to support you with anything you need - referrals, advice, software and, maybe most of all, leverage to get things done. Send me a DM if we can do anything for you, thanks. 

    https://www.ocregister.com/2025/09/09/oc-investment-guru-cha...

    0Reply
  • Mark C.
    OP
    Plano, TX · Member since 2012 · 43 posts · 10 votes
    2mo

    Thanks for all the replies and advice.  Ive spoken companies owner and we gotten everything resolved.

    0Reply
  • Bryan Steadman
    Member since 2026 · 1 post · 0 votes
    1mo

    Hey Mark

    Did you speak to Jason and did they return all of your principal amount?

    0Reply
  • Mark C.
    OP
    Plano, TX · Member since 2012 · 43 posts · 10 votes
    1mo

    I did speak with them. The income fund appears to be dispersing funds again.  

    0Reply
  • Keondre Cohen
    OH · Member since 2026 · 60 posts · 17 votes
    1mo

    That’s a painful reminder that headline yield is not the same as durable cash flow. For any fund or syndication, I’d want to understand the asset-level reporting, reserve policy, who controls distributions, and what happens when a service provider fails before adding capital. A written diligence checklist can prevent a second contribution from being driven by the first six good months.

    0Reply
  • Ed O.
    Investor · Statewide, MO · Member since 2011 · 811 posts · 424 votes
    1mo

    This whole thing sounds like the beginning of a ponzi scheme. Great, guaranteed returns,  payouts at the beginning,  more money invested,  payouts stop,  excuses begin.  If they're paying you 16% supposedly...  they've got to make more than that to have earnings for themselves and cover overhead. Do you really think they have found a way to reliably make a 25 to 30% return? 

    I would get my money out, but doubt they would let you do that either. 

    Hope you don't get cleaned out. 

    0Reply
  • Evan Polaski
    Cincinnati, OH · Member since 2020 · 4k+ posts · 3k+ votes
    4w

    Glad everything has worked out for you, @Mark C.

    As others noted, 16-20% are very strong returns.  I don't know anything about FreakyFast, so want to assume they are on the up and up with the caveat that anything that seems too good to be true, often is.

    When I see 16-20% returns, it reminds me too much of NRIA.  https://www.sec.gov/enforcement-litigation/litigation-releas... which was found guilty of being a ponzi scheme and "promised" similar returns.  

    When I look at different offerings, I always think: why are they needing the money.  If this group is basically a wholesaler/flipper/turnkey operator, the profits come so fast, that very quickly they shouldn't need outside capital, especially capital that is costing them into the teens/20% range.

    0Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free