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Updated about 10 years ago on . Most recent reply
![Nathan Martinez's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/252432/1695476321-avatar-nathanm.jpg?twic=v1/output=image/cover=128x128&v=2)
I was wondering if anyone could help me with understanding Private Money Lenders
I have had afew emails from people saying they are lenders but the numbers they give out no one answers and they all ask for money up front so if anyone can help me it would be awesome. so do I pay the money they are saying are for fees and all that or should I stay away
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![Tarik Larue's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/175480/1621421851-avatar-thisislarue.jpg?twic=v1/output=image/cover=128x128&v=2)
Hey Nathan,
I believe most of those lenders are scam artist. Many of their applications look home made and very unprofessional. I have never paid money upfront to a lender unless I spoke with someone and verified its a legit company. Like J. Martin advised look for someone local. Good luck.