Heh, prior conviction for mortgage fraud.
Here’s how this guy did it.
‘started out with a 300k home with nothing down.’
Borrowed against that home with the 300k loan to buy other houses and start flipping them.
Does this sound like a scammer to you?
thousands of people did that
but supposedly the govt forced teh banks to make those crappy loans. I’m sure the banks didnt do it for the insane profits they were making.