Lender Scams and Warning Signs: Beware & Protect Yourself!

[Joshua Dorkin]

Another recent thread on this forum caught my attention, and I thought it important to post this discussion . . .

I'd like to get feedback from our members, including the investors, professionals, and lenders about lender scams that might be out there.

If you've aware of ANY kind of scam or scandalous practice that traditional, private, or hard money lenders are currently engaging in, please share them here. I'd like this thread to hopefully become the go-to place to find out how not to get screwed when it comes to getting a loan.

So . . . lets see what you've got to say: