As part of that process, the agent received emails from individuals purporting to be representatives of the lender concerning the wire details for the return of the funds.

I round start by masking a trip to the recorder's office and make a copy of all recorded documents pertaining to the property since it was acquired by the now purportedly foreclosed-out owner.Assemble the documents in chronological order of recording. 

Do your due diligence on anyone purporting to be a lender on here.  

@Kristopher S.I believe the issue at hand is people using a loan for a purportedly personal use with the intention of it being for an investment.

At the same time, it can lead you to build a perception of someone who might have posted habitually during those college days but hasn't used social media in recent years.I think reaching out via social media to find tenant leads is one thing, but using it as a method of screening, while it can have some benefits, can be misleading/can lead to incorrect info vetting; with social media profiles who's to say whether an account is run by the individual that the page purports to belong to?

I'm sure you were just using the term loosely Holly, and you meant it in general that you are able to 'shelter' the income you make from the properties through depreciation, etc.Of recent, syndication of conservation easement transactions that purport to give investors the opportunity to obtain charitable contribution deductions in amounts that significantly exceed the amount invested, are considered tax shelters.Great points, just wanted to clarify that one.

A detailed resource on Due on Sale you might want to read is: the-truth-about-getting-around-due-on-sale-clausesAlso, these threads might be worth reading:386043-bank-called-my-due-on-sale-clause183825-due-on-sale-clause-was-called-by-bank232247-due-on-sale-clauseThen, if you choose to proceed, at least you'll know what you getting into.And be careful if choosing to use a Quit Claim Deed:A person receiving a purported real estate interest via a quitclaim deed may receive no legal right to the property whatsoever.

@Kyle Howard - Be careful when choosing to use a Quit Claim Deed:A person receiving a purported real estate interest via a quitclaim deed may receive no legal right to the property whatsoever.

Are they telling the CC companies that they are acting on their clients’ behalf in a professional capacity, or are they purporting to be the applicant themselves?

At the same time, it can lead you to build a perception of someone who might have posted habitually during those college days but hasn't used social media in recent years.I think reaching out via social media to find tenant leads is one thing, but using it as a method of screening, while it can have some benefits, can be misleading/can lead to incorrect info vetting; with social media profiles who's to say whether an account is run by the individual that the page purports to belong to?