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Updated about 9 years ago,

User Stats

91
Posts
31
Votes
Stephen Anthony
  • Rental Property Investor
  • Lincoln, NE
31
Votes |
91
Posts

Need Help Validating Unusual Lender Offer Through BP PMs

Stephen Anthony
  • Rental Property Investor
  • Lincoln, NE
Posted

Hello BPers,

Would appreciate more experienced members and investors help in validating if something I experienced lately is normal/legit or not. I am a relative newbie, and this interaction seemed unusual to me so I wanted to be cautious and get feedback first. I want to make it clear I'm not accusing anyone of anything, just seeking guidance.

  • I recently made a post about terms on conventional financing, and through that thread was messaged by a BP member who said they had a great lender, and said to send them (the BP member) the details of my deal and they would send it along to their lender. That sounded great.
  • My deal was actually on the MLS, so I asked if just sending the listing was fine, and also asked the name of the lender.
  • The member replied that the listing would be fine and didn't answer the name of the lender question.
  • I responded asking if it would be possible to have an initial conversation with the lender to see if we were a good fit for each other, and then at that point send them the deal details. I asked for the name of the lender again.
  • The member had been messaging me back every 2 minutes, but they never responded again. I messaged them again after the holidays, and they still didn't respond. That last message of mine was sent 9 days ago.

I had an offer in on this deal but didn't have it under contract yet, that was part of my hesitation in sending a deal to someone I had just met on the internet, and it getting further passed along to someone/a lender I didn't even know the name of.

I hope I have not offended anyone. This member was a Pro member with hundreds of posts so I assume they are an experienced, upright professional. It just seemed very strange to me to not share the name of a great lender, and then stop messaging me at all once I asked for it a 2nd time.

Please help set me straight here, was this a very normal way to help people, and I should have felt comfortable sending along the information to this member? Thanks for your help!

(By the way, I tried to contact BP support to ask if this was normal, but they said to post on the forums; I didn't want to be "public" with my question.)

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