Loomis Wealth Solutions, Lee Loomis, Naras Fund, John Hagener, AFP, Advantage Financial Partners, If you value your hard earned money, want to keep your home and your good credit stay AWAY from Loomis Wealth Solutions This company can put you in RUINS Roseville California, Illinois, Washington

In all ponzi type schemes, there are alaways 'investors" who believe that the investment strategy they are participating in is totally legitimate. If the people involved thought they were being scammed, they probably wouldnt participate. Just because someone provides an anecdotal positive critique of this company doesnt mean it is in anyway legitimate. While these schemes are functioning (prior to the colapse) there is money being passed around, and this is why you will see past and current customers give positive reviews of thier experiences. They were recieving thier money as promised. They just don't really know how that money was generated.

This company operates a fund called NARAS. The money comes from the liquidation of the customers savings, retirement accouts, other cash assets, or from the procedes of cash out refinances. The money is used to make interest payments to ealier investors, pay montly mortgage payments on properties aquired through loomis wealth, and to cover all the other overhead of the company. It is not invested in anything at all, and infact, the account is often drained to zero before being replenished with money from new investors. This is evidenced by the reports of bounced checks, missed mortgage payments, and customers unable to cash out thier investments.

The NARAS fund also recieves money aquired when a member buys a new investment property. LOOMIS WEALTH structures transactions so that it can get a kick back through escrow which it uses to replenish the NARAS fund to cover the increasing expenses. The debt of this company requires constant recruitment so that it can keep making these mortgage payments. More and more customers are getting calls form thier lenders due to late payments and bounced checks. The solution to this problem has been MORE. They try to finance as many properties as they can for each individual, and move to new areas to find new members with no awareness of the issues of the company.

Word is that loomis is no longer going to pay any of the mortgage payments. Unfortunately for the clients, most of the properties are un-rented. They are negative even if rented. The NARAS fund, which is totally depleted, is now "frozen", meaning that investors in the company cannot access their money. Its really just gone.

Any customers out there wish to comment on the above? If so, please provide some specific details. How much money you invested. How many properties you bought, and where... How much $? What is total montly obligation for each one vs the actual rental amount you recieve. What communications have you recieved recently from loomis regarding the status of your investments, the company, and your properties?

First, I'm a member of Loomis Wealth Solutions. Whether that makes me biased or not, I leave for you to decide. But my experience is certainly different from the one described above.

My wife and I have been members for seven months and in that time have acquired four properties. Each month around the 10th, we pay the mortgage to the lender (I prefer to control that payment to ensure it's timely, addresses any escrow adjustments, etc.). And during the first few business days of the following month, our mortgage payment is reimbursed PLUS the appropriate cash flow. No issues.

I've never had an issue obtaining money due to me and the properties are either rented or occupied by an owner-occupant. This has all occurred during one of the most volatile periods in real estate history. It might have been easier in the go-go real estate market of five years ago, but Loomis has delivered on the commitments to us. AND, since we're buying during the "Great Depression II" of real estate (as the news media might call it), we're just positioning ourselves for a great run when the market returns in 12 to 36 months.

I also have my IRA with Equity Trust. To sleep better at night, we decided to have interest sent to the IRA custodian instead of "compounded" with the NARAS investment. Then, we can redirect the funds to other investments (I just put it in a money market fund) and make sure we actually are receiving money from the investments. Each month, as promised, our interest earnings have been sent to Equity Trust in the first few business days of the month, exactly as scheduled. I've not had an experience like the poster above.

My bottom line is that my wife and I always wanted to invest in real estate, but did NOT want to deal with the maintenance, liability, marketing, etc. The Loomis Wealth solution lets us own real estate and receive cash flow and we limit our liability by holding the real estate in our LLC (of course, Loomis helped us set that up with the help of an attorney).

You do need to spend more time managing statements and payments than the Loomis employees explain up front (what company doesn't put their best foot forward?), but that's a small price to pay for me bringing in approximately $1500 in income each month.

The above title pretty much sums up that the person posting the last post regarding Loomis Wealth has a personal beef with Lee Loomis. The company may seem too good to be true but it is true and even though there has been what I call a drag for lack of better words I as an investor am still behind the company. It is true that Lee may be difficult to get in touch with but he has always returned my email and I have never had a loss. I decided to write on this post because frankly I am ashamed of my fellow Investors for not doing the same and just sitting by making side bets that Loomis is going to implode and then everyone can truely be a victim. I don't know if everyone remembers that the money we brought to Lee was for investing and if we could not afford to lose our investment then we should not invest. I listen to the monthly meetings we have and no one really seems to express themselves. I feel one should express themselves there directly at thet venue instead of a third party hidden identity forum. I don't want this post to be pro Loomis and there are no problems. The fact is there are problems and I knew about this going into it but I also did my due diligence and I have never met a person who has ever lost a dollar with Lee Loomis. Yes, he is short and can seem impatient but when I asked him for a sit down meeting because I was concerned and my life savings were in his hands he made the time for me. I was able to coordinate this via email which I recommend anyone else who may have a problem to do the same. I felt much better after my meeting and I am not a person that is easily pursuaded or blinded by what some people have reffered Lee as the great Lee Loomis.

The person who posted the last report made some serious accusations. I would like that person to post their real name, names of investors that were put in financial ruin and the actual amount they invested and evidence that they have lost their investment. Also, there is mention of this individual filing an FBI report. Will you please provide the case # assigned to you along with the agents name. Please do not get me wrong I just want the truth and basically it is up to you to prove what you are stating.

I look forward to your response.

Thank you,

IM