Client Review on Barnett REI Finance

Feedback:

Their website says "speed, get things done on your timeline." The process is anything but speedy. We have an investment company that tried to get two fix and flip loans. The whole experience with this company was awful. Their website appears deceiving. for instance, they say "no credit score requirement" but credit was a requirement for us and considered. They claim to finance single family home renovation projects. Communication is horrible. We spent 7 weeks calling their office thinking all along that they were about to finance a couple of single family home projects we had. Both properties were free and clear, no mortgage, and would have met the ARV threshold they have on their website. After doing the appraisal and going weeks with very little information on the deal and empty "any day now" words we were turned down for the loans. They said they didn't feel like the properties would sell. This was in an area where investments properties were being bought and sold for over $150k plus. The whole process was a terrible waste of time and money and no one cared at all. There also appears to be no address on their website. You have to do a web search to find out where they are. I would never recommend this company.

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