- Report: #739146
Report - Rebuttal - Arbitrate
Complaint Review: EquityBuild, Inc
EquityBuild, Inc1083 N COLLIER BLVD #132 Marco Island, Florida United States of America
EquityBuild, Inc Jerry Cohen these guys sell you junks and rip you off every penny Marco Island, Florida
*Author of original report: well, can you explain more to the potential investors why there is a lawsuit and what you have provided to the investors?
*REBUTTAL Owner of company: Company response to this posting
They have rehab escrow which charge you for tens of thousands dollar and didn't do a job that worth more than 5k. it is totally inhabitable. so they make money both flipping a junk to you and rip you off from the rehab. it sounds like they are professional, but they are not, just father and son scams.
there are already a few victims who are stuck with their properties and not able to refinance from a traditional banks. they provide hard money loan which is 13% and they make money here and there. I backed off a couple properties after knowing their business practice and they withhold my money and not willing to give it back to me, $150k+???? does it sound right to you?? it is a scam!
do you want to be the next victim? my bad experience is a gain to you. think 10 times before you go with these guys. stay away! poor management and they never disclose what they spent on rehab, so you know how it goes.
This report was posted on Ripoff Report on 06/10/2011 09:09 AM and is a permanent record located here: http://www.ripoffreport.com/r/EquityBuild-Inc/Marco-Island-Florida-34145/EquityBuild-Inc-Jerry-Cohen-these-guys-sell-you-junks-and-rip-you-off-every-penny-Marco-739146. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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