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Report: #959586

Complaint Review: Jason Rodriguez-Elite Mentoring/ - Metuchen New Jersey

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  • Reported By: Chana — Atlanta Georgia United States of America
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  • Jason Rodriguez-Elite Mentoring/ 2200 Winter Spring BLVD #344 Oviedo FL 32765 Metuchen, New Jersey United States of America

Jason Rodriguez-Elite Mentoring/ Borrows money and doesn't return it , when is not succesful with selling the house he bought with that money and supposed to rehab it. Metuchen, New Jersey

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I lend Jason Rodriguez money to buy bank owned home in Orlando FL.
 He supposed to return me my money with an interest after 6 months.

The house should be fixed by him.The return of the money was not depended on the success of the sale of the house. But Jason did not succeed to sale the house, therefore decided that it is a good reason not to return me my money. I had to foreclose on him. Then I learned that he took 2nd mortgage on this house,(the other lender lost his money, in the foreclosure process).

I asked him to give up on the house and do not let me go through the costly foreclosure process, but he refused.Toward the end of the foreclosure he decided to give me the deed on the house, but asked for  $10,000 more, which I refused.

After 9 nerve breaking months I won the house,and flew to Florida to take care of it.
The house was not completely renovated as he claimed, and was missing kitchen appliances.No wonder he couldn't sell it at the market price.

According to the judgement he still owes me money , but he closed the company (J&T Investors Group), that was the owner of this house, and moved his other assets(number of them)on to his name.
 If anybody knows if it is worth to go after $7000 as a deficiency judgment in Florida please let me know. Meantime this is a warning to anxious real estate investors in New-Jersey (he moved there from Florida)   , not to lend him money, unless you go after his private assets in the contract, and do not pay him $25,000 for mentoring you. He can teach you only how to take money and not return it, no more than that.That what they call OPM-others people money.

This report was posted on Ripoff Report on 10/24/2012 03:32 PM and is a permanent record located here: https://www.ripoffreport.com/reports/jason-rodriguez-elite-mentoring/metuchen-new-jersey-08840/jason-rodriguez-elite-mentoring-borrows-money-and-doesnt-return-it-when-is-not-succes-959586. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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