Client Review on BLI Rentals

Feedback:

Total scam companyWhen you buy one of thier buildings they will not tell you all the fine details.This company has taken the idea of interest and changed it and has called it rental cost per month which comes out to 40 percent of your monthly payment.Thats 40 percent interest folks per month !!!! They do not allow any principal to come off your payment.If you pay any extra per month on top of your payment it goes into a reseve account (basically taking your money and not applying it to payment ) Then if you decide to payoff the purchase you will find out you have to pay 60 percent off of your monthly rental fee to them..in other words you are screwed if you want to pay off early.So in the long run you will pay way more interst( BLI calls it rental fee ) And the fee is way more than any high interest credit card.I was a little naive to my purchase from BLI and now am very dissapointed i ever bought one of thier buildings.Be very very carefull dealing with this company .Very very shrewd bussiness practices.Buyer beware!!!!