Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

User Stats

9
Posts
1
Votes
Maksim T Karasavov
  • Rental Property Investor
  • Austin, TX
1
Votes |
9
Posts

Has anyone used Batch Money LLC as a private lender

Maksim T Karasavov
  • Rental Property Investor
  • Austin, TX
Posted

I got in touch with a private money lender/hard money "Batch Money LLC" has anyone done business with them? Please let me know

Most Popular Reply

User Stats

1,691
Posts
2,184
Votes
Jeff S.#5 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Los Angeles, CA
2,184
Votes |
1,691
Posts
Jeff S.#5 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Los Angeles, CA
Replied

Batch Money LLC might be a legitimate lender, @Maksim T Karasavov. I have no way to know, but the website was created by a scammer. I know this because someone created a website representing our company and the phone number shown on each is the same.

Google the phone number and you'll see it appears on a number of lending sites, including Private Lending Direct LLC, Private Money Bancorp, Assured Investments, and now Batch Money LLC.

We own Private Lending Direct LLC and the website is not ours. Since almost everything associated with a real estate loan is a matter of public record, this is an incredibly easy scam to pull off. It's also very difficult to stop.

I wrote about our problem here:

Private Lending Direct LLC is a SCAM and I Own the Company

Anyone work with Assured Lending all before?

Also, if you do a reverse image search on some of the photos shown of the “Team,” you’ll see it’s from a stock photo, used at least here: https://tecnex.eu/home/services/representation-of-your-interests-in-eu-2/

The web is not the place to find you lenders, Maksim. Real estate clubs in your area, easily found on Meetup.com, are your safest bet.

Loading replies...