Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Personal Finance
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago on . Most recent reply

User Stats

16
Posts
3
Votes
Daniel Bonnell
  • Vincent, OH
3
Votes |
16
Posts

Real or Fake, This is really awful!

Daniel Bonnell
  • Vincent, OH
Posted

I have three rentals and in a growing city i am wanting so hard to get three more rentals and refinance the loan I have with a lessor interest rate. I have owned them for about 8 years and rates was high.

But you know I can not get over the amount of fraud offers I have gotten from private lenders that I am just believe is frauds. I will tell you way I thing is: it just seems to me if they are offering a loan using gmail, hotmail, outlook or any free non secured email account, I just really rule them out. Am I wrong to thing this? I thought i found a honest one, but they asked for a co investor with with a credit card limit of $6000.00. I do not want to upset these people off, but why would they want such a thing, for silent investor. What does that prove? Has anyone had any think like this? For any of you that deal with mortgage brokers, private lenders and bank, do you have any suggestions of what I should be looking or asking for? I took over a loan when I got my first 3 units 8 years ago so I didnt deal with financing. I need some help. I found what i want, but I need financing, credit is not bad, just new jobs, and purchasing a new house is making it tuff. I am wanting rentals not flips and I am just lost. I thought it would be easy, but this is not and need someone out there to tell me what I should be doing to get a loan.  I read about Barbara Corcoran and Trump grew from nothing. I feel like I have something to give, but dont know what I am doing and how to sort out the fakes, beside the idea of using a free email account. Open for any help on what I should be doing. Thank you in advance.

Loading replies...