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Updated about 10 years ago on . Most recent reply
BP blog post for new niche loan seems like BS
I saw this post about "Ring in Your New Year With an All NEW Niche Loan for Your Residential Income Properties!" and I am not sure what is going on.
If the product is good and legit, why can't the author name it? Even on the comments he asks people to message him privately. The "new product" might be smoke and mirrors to gather leads, or maybe a loan from a private lender. The message and intent seems a bit off from the moto of BiggerPockets in my opinion. I might have missed something, or some regulation, but the fact he can't explain his product out in the open is a red flag to me.
This is not meant to be an offense to Jeff Trevarthen (@VeritasRE), as I never talked to him, and he is probably a standup guy.
That said, I'd still would like to know what the loan is... :)
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#3 Guru, Book, & Course Reviews Contributor
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Ignore it.
You'll find many blogs and podcasts that don't seem to meet the BP "motto", the gray area is huge. Your best defense against bad information is a good education of the usual and customary, then you have a base line to judge anything "new". Lots of newish members seem to have agendas in the unconventional. :)