Account Closed
Phoenix homebuyer duped out of $73K in real-estate scam
22 December 2017 | 57 replies
The scammers depend on you to send them your money.Forget about anonymous emails promising sweepstakes wins or pleas from Nigerian princes looking to get millions out of their country.
Danny Nelson
Could this be a private money SCAM?
27 April 2018 | 23 replies
Dannyprivate lending on linkden facebook BP is full of scammers.its the latest version of the Nigerian Prince scams.they offer terms that are below market to suck keep asking for morePrivate lenders are your friends and family .. anyone using open forum median is not a private lender they are holding themselves out as a lender and there for are HML .. and hard money is easy to determine rates.Just pop on.Lendinghomes website Lendingone in you areaLima One those are some of the bigger players and see what their rates are if this guy is hitting you with bank rates or below its a scam..
Account Closed
Sold a house, but can't cash the check from title company
22 May 2018 | 64 replies
I was going to say.....let me guess: he's a prince in Nigeria.
Kenny Dahill
What one tool you cannot live without...
12 September 2018 | 18 replies
@Diana Duncan definitely check it out!
Michael Corso
100% HARD MONEY LOANS / THE REAL TRUTH
30 November 2017 | 1 reply
Nice post there was a thread on Do hard money actually been many of them. they will actually fund 100% but you need to pay them a 3k fee or there about up front with no guarantee of funding then its something like 650 per submission according to those who have tried it and posted on BP .. so many of the folks posting on the thread about the company paid the up front money 2 to 3k the 650 submission fees a few times and the deals were never good enough in the eyes of the funding company.. so there you go out 3 to 4k and time and effort.. some on top of it some were naïve enough to put down non refundable EM with a wholesaler and lost that as well.its quite a model... little to no down side risk and prey on newbies who are the most vulnerable and want to get into the game and I suspect most of them even pull the 2 to 3k fee off of credit cards.So what do you have1. newbie ( does not really know what a deal is yet2. limited capital but burning desire so they risk the 2 to 3k3. only a screaming deal gets funded as you stated.. newbies generally don't fall off the truck into screaming deals.then you have on the internet what I call pump and dump due diligence scammers these are flat out crooks of the Nigerian prince scam mode.. promise you 3% loan 100% two e mails and your approved.. broken English just need 500.00 to move forward...
Mitch Heenan
New member from Prince George BC Canada
19 March 2018 | 13 replies
Hi guys, new member from Prince George Canada.
Peter Street
Basement Dig-Out in DC
16 March 2018 | 4 replies
Check out Prince of Petworth, I think some people have done digouts and may have references.Ikea cabinets are not 10K.
Diane G.
I want to wait for the next buying opportunity
25 July 2018 | 212 replies
@Diana GThis is what I think that’s happening recently that has not been factored in for housing price750k mortgage interest deduction (if primary), for example your co workers scenario SALT 10k limitRapid increase in prime resulting in less LTVThus buyer are less incentivize at the same time lose some purchase powerGiven illiquidity of real estate, the effects won’t be shown over night On the other noteDepending on your holding period for the real estate, Cali is predicted to have a massive population grow,Complication of new permits to build will favor real estate price So rather to wait or jump in now really has to do with your personal situation more than the market it self imho, there’s no right or wrong to it.
Alek Lupa
Prince Edward County airbnb
1 May 2017 | 0 replies
Prince Edward County is currently reviewing legislation on vacation rentals.
Linda Granville
can newbie rehabbers start out using other people's money?
17 May 2017 | 6 replies
I have rehabbed dozens of houses in Montgomery, Prince George's, Frederick and surrounding counties.