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Updated over 2 years ago on . Most recent reply

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23
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21
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Eric Coats
21
Votes |
23
Posts

Private Lenders Email Marketing

Eric Coats
Posted

I’ve received a few marketing emails from private lenders with 100% financing and really amazing terms. Almost too good,4-5%. Are these legit or is this some kind of a scam. Trying to see the scam angle if they would send the money to the seller directly. I would love to get a great rate but don’t want to pay some fee then the loan never getting funded. Sounds like they would fund me the cash to make a cash payment. 

Anybody have any thoughts or experience with this

Most Popular Reply

User Stats

244
Posts
163
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Sanat Bhandari
  • Investor
  • Omaha, NE
163
Votes |
244
Posts
Sanat Bhandari
  • Investor
  • Omaha, NE
Replied

Most likely a scam. When something, especially financing, is too good to be true, it probably is

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