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Updated almost 5 years ago on . Most recent reply

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

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Jeff S.#5 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Los Angeles, CA
2,153
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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.

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