. * Financing sucks* REI takes a lot more time then some total passive income scam.

Bigger Pockets as well as a few other sites offer everything needed for new investors that the mentors do, and they are all way over priced and usually a scam. 

Hey Kim - plenty of hard money lenders out there who can close quickly - be careful of scams though.

SCAM !!!

Purchase price: $8,500 Cash invested: $33,500 Sale price: $133,500 This was an interesting property and seemed a little “SCAM-ISH” from the get go but it was worth exploring.

Even though they "feel" kind of "scammy", it could just be a communication thing, and I can't really figure out what the "scam" would even be really, as I have never played the scenario out with one of these people.I am curious if anyone else in the LA Area- or any MTR area I guess- has similar experiences with these sorts of inquiries, which have been popping up lately- and if anyone knows about them/can shed some light on their legitimacy/nonlegitimacy.Any info appreciated- my vacancy right now is killing me on this property--and it was solid for a year, now vacant like 3 months.

Is that some type of new scam?

The only issue is that it is very very very easy to scam someone via PayPal.

Acquiring distressed properties can be complex, but we have found if you do the right thing, and if done right, benefit both parties, always make sure everything is done correctly to avoid what can be termed as an Mortgage Scam

Can someone tell me if this is a good deal, or does it seem like a scam or something.Chance,The way the process works is very simple.