This report comes from a bystander. I am only reporting because I have observed customers being taken advantage of by Brandon Relkoff.
Some honest brokers believing that he was a "private lender" sent Brandon Relkoff from NW Capital Group, Inc. home loans as well as commercial loans. I KNOW of several instances when, under the pretense of being a lender or investor, Brandon Relkoff has required and received due-dilligence fees from the clients' of the brokers, often thousands of dollars.
Brandon Relkoff is very convincing in leading the brokers and their clients to believe that loans are being obtained. He sets up conference calls in which he reassures every party that everything is on track. However, NEVER meets his deadlines.
He strings everyone along for his ride. He'll give every excuse in the book. He'll say, "My computer wasn't working." "I'm having e-mail troubles". "I've been in meetings". "I'm out traveling". "I'm looking at other properties". "My brother is in the hospital"... You name it.
What is more concerning to me is that, in some cases, Brandon Relkoff will go as far as providing closing loan documents, which he'll have every party sign, yet he will never fund.
Though, there is more to the story. I have chosen to be as general as possible. There are details and facts that I'm hoping will some day come to light.
I am staying anonymous but I would caution anyone out there to NOT pay due-dilligence fees to NW Capital Group, Inc. and Brandon Relkoff as all indication leads me to think that he's in it for the fees only. From what I've observed, he's not in it with good intentions.
Liberty Town, South Dakota