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Updated about 10 years ago,

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4
Posts
0
Votes
Angela Goode-Taylor
  • Commercial Real Estate Broker
  • Naperville, IL
0
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4
Posts

Where Do I Find a Legitimate Private Lender?

Angela Goode-Taylor
  • Commercial Real Estate Broker
  • Naperville, IL
Posted

I have been trying to find a legitimate private lender to fund an owner occupied REO. However, for the last 2-3 mos, all I have been experiencing are fraudulent scammers. They are asking for money and fees upfront and providing bogus Proof of Funds letters that anyone can pull of the internet. Even the format of all the loan applications are the same. Does anyone have any suggestions?

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