because there are a plethora of scam properties online that advertise for rent but use old MLS photos.

BiggerPockets members be on your guard against those who would try to rip you off and scam you out of money or otherwise!!

The answer is no, this is a misnomer and any insurance agent offering a policy like this is scamming you. 

It's a scam they're running to get cash for keys. 

I purchased access to the tax lien investor buyers club at a event in St. Louis cause it was on sell and i thought it would work a certain way but so far it doesn't work that way and they are advising me that i should...

HI,I just read this article about a real estate scam in Detroit, Mi. 

Usually, that's a scam. 

After getting scammed out of state few years back, a bit afraid to take the wrong turn after working so hard to become liquid again.

If they ask for upfront fees its likely to be a scam.

The person who called me seems to have an accent from a country that mostly does these scams, may be he is one of the princes' there.The company is called Pacific Service Corporation with the following loan terms which sounds too good to be true:90% LTV, 4.5% interest rate within a duration of 300 monthly repayment schedule.The loan down payment is 10points (5%) of total loan amount due after loan approval and it’s refundable when the loan has been paid off in full at closing.There is no prepayment penalty.Sharing it here so that it can benefit everyone starting out new.