My Story, I am a 45 yr old Single mom of four children. In the process of starting my own Real Estate Investment & Much more company. My mom may she rest in peace owned and operated a New Jersey and PA, Title Insurance Company. After I graduated college I started working with mom, like any other employee I had to start from the bottom pushing paper, filing etc. After a short time I was promoted to Sales the Sales Manager. During this time mom required me to get my Real Estate License in NJ & PA. Which i did and went to work for Wiedel Realtors, then to Coldwell Banker. Still continuing to work mom's corp. accounts one of which was our biggest was Champion Mortgage. During my time with Coldwell I also became agent of the month and year after a very short two years with the company. I also worked with Cendent Mortgage Company assisting in Loan Origination. Devastatingly mom passed in 2006 my heart and spirit was destroyed, as mentioned I am a single mom of four and my kids were very young when she passed she adored them and was honestly my mentor, best friend, confidant and a wonderful human being as well as a very intelligent business woman. I wanted to be her some day. After my mourning period I went to work for a Nationwide Title SEARCHING company. It was a start up and within 6 months the owner promoted me to his VP. I started with this company have 10% corporate clients, after a short 4 years I helped him grow from 10% corp. clients to 85%. When he hired me it was with the agreement every deal I brought on I was to get a percentage (NEVER SAW A DIME) I was working anywhere from 80 to 120hours a week as I would remote access from my home so I could be home when my children where home to assist in homework, make dinner and other mom duties. At the end the boss went away for two weeks and left me incharge of running every and all aspects of the company. Upon his return I expressed the fact I was only making 14hourly with no OT and no bonus for corp clients i brought in. I explained to him i needed a raise was only asking for two more dollars. Even though I know the work i was doing for him was worth so much more, he basically knew he had me do to the single mom issue. He told me when i asked "If you are not happy with the pay then i guess today is your last day" And that is what i did I walked. This was in June of 2012. Since then I started looking for another job but every where i went I would get the same answer. "You are over qualified for this position, you should really look into starting your own company" Depression set in and I did actually give up for sometime. Then in Sept. 2013 I had a revelation that i was going to start my own Real Estate Investment & Title company. I hooked up with a company Nevada State Corp, they advised they could assist me in all aspects of opening this business. Of course for a fee.... as explained before being a single mom and struggling to put food on table for kids. I did what I thought would be the right decision to get my company running and be able to provide for my children. The only monetary thing I had owned besides my house was a 3karate Diamond ring that belonged to mom, the only thing i had left of her. So without hesitation because had i thought about what i was doing would truly break my heart but something inside said was the right thing at the time. I went into the City (Philadelphia) to a diamond dealer, he offered me 2500. As desperate as I was I took the money and gave mom's ring up. The 2500 was the exact amount required from Nevada to start the process. I had major medical issues in Nov thru April.. so needed to put things with the bus. on hold.
April came and I was ready to role I even developed a product that is going to go national. I just 1. need to get it copyright en 2. I also did research on sheriff sales and picked three that were going for sale today my profit margins were anywhere from 45% to 88% return on my money. I was very excited about all the things I started, my issue was getting funding. So, persistant and driven as I am I called Nevada daily to see how we could get this up and running asap. They then referred me to a developer and assistant in finding funding for small business. He is located in Cal. He has been a great mentor and assistant to me. The only issue is they did not introduce him to me until the Friday prior to the sheriff sale which was the following Friday. I know was close to impossible to get the funding i needed that quickly but i still had hope. On this past Monday he advised was not going to happen by the date i needed the funds. But advised will continue to work on it as so i can potentially go to next sale.
With all this being said I was still persistent in getting the funding 65K that would be for the start up costs and the potential purchase of a sheriff sale starting at 19K. I am a member of Linked In and did more research and stumbled across a website. https://realestatefinance.ning.com/. Where I began researching the investors hard loans as well as straight up cash. I contacted a few, most denied me due to the monetary amount i was requesting they mostly invested 100's not a mere 65K. Then I thought my life was going to change finally when I came across Mr. Richard Walter, whom advertised cash loans immediate. So I contacted him right away. He heard what i was doing and agreed to invest the 65K. He also advised i need to take out an insurance policy with a company called Splash Insurance, I checked the company website and info out and agreed. Splash then emailed me on how it worked, re-payment schedule and cost of insurance which was $1145. They also instructed me that once the wire of the money to their account was received i would then receive their policy within an hour that needed to be signed and sent back. After I scraped my last literally penny to get them this money i wired it from my account which now is 0 to their account in NC Federal Credit Union. Hours later after my constant calling and emails demanding this so called policy, it was sent. WHAT A JOKE I could not believe my eyes. I know you don't know me but I am a real true business woman and know what I am doing when it comes to business and running one as well as contracts etc. They proceed to send me this so called contract which was a jpeg file that looked like they made it with a clip art it was a joke. I then immediately contacted all parties and said "ARE YOU KIDDING ME" this is a joke you sent me a one page clip art form and in return once signed you are really gonna send me 65K. I was totally devastated. I then instructed them to send my money back right away, explaining to them 1`. that was the last of my money. 2. I just could not look my kids in the eye again and tell them mom's a failure. So Mr. Walter called me and then advised he will wire the money to my account but needed another 700 for closing costs. I said are you seriously kidding me, first off closing costs for WHAT this is a cash loan, not a purchase on a home. 2. If you have 65K to lend me you should cover this supposed 700. as i have explained over and over again I HAVE NOTHING LEFT FINANCIALLY..... after several emails from them as well as texts. I just told him return my money and never contact me again. This all happened Wednesday and Thursday. Still not money has been returned, so i had no choice but to contact Attorney Gen. In Washington Mr. Holder, The Dept of Justice and FBI. After telling everyone my story the FBI did indeed contact him, he had the nerve to send me a text saying "YOU CALLED FBI" on me.. I did not respond except to say I NEED MY MONEY BACK. At this point no money back and no more communication from this lam investor.
I am so tired of being a victim and having my children see me as a failure. That has to be the worst part. Due to the fact they are the only family i have left both parents have past and brother and i are very distant. I need to prove to myself and my children I can and will succeed. I know what I do and can provide to the consumer and Real Estate Industry Is something that no one can provide or has come up with. If there is anyway you could just give me advise or any any assistance in reaching my goals and not having my kids think yet again i am a failure would be so greatly appreciated.
Thank you so much for you time and reading this letter. I truly hope it gets to you...
By the way beware of the lender on this site RICHARD WALTER email@example.com he is a total scam artist,,,,,,,,