Quote Originally Posted by ksnowmon
but the fact is these few people were looking for a last chance to save what they were loosing, took a hard money loan, missed there payments and lost their collateral


Wrong.

Kandi tried to use a commercial loan (which lacks consumer protection) to lend money to someone to save their MORTGAGE. That's, ILLEGAL, as if you are lending someone money for their MORTGAGE, different rules apply.

That's why he owes that gentleman from the article over 200,000 dollars.

That's why he has more judgments against him in the court adding up to over a million dollars.

He should pay back the people he legally owes money to.
justpics Reviewed by justpics on . Loan scammer turns to medical marijuana, opens Cobra Medical Local News | Lender seizes desperate borrowers' homes | Seattle Times Newspaper an excerpt..."Following Kandi's instructions, Marsh signed a promissory note for $170,000, even though he was getting only $17,000. Kandi later said he inserted the tenfold figure to protect himself financially and to pay for any future legal costs. Kandi also had Marsh sign over his rights to the property using what is known as a quitclaim deed. According to the terms of the loan, if Marsh missed repaying any Rating: 5