Mailers to Properties that were owned by known investors who went out of business (This was a reference to a local investor here in Pittsburgh who sold crappy properties to unsuspecting buyers at high prices.

So this was a lot to be added on to the next unsuspecting buyer. 

How Oompa Loompa flips 33 houses in 5 days..Now...Not a fan of podcasts because all these podcasts are basically personal opinions designed to hype up the unsuspecting users to ... get hyped up.

I"m blessed to have the resources to push this investigation further but there are many unsuspecting new investors at the verge of losing everything!"

However, he uses this company to collect upfront ‘application fee’ of $1,950 with no caveat should the loan not materialize, only a condition that $500 will be credited back at closing.Now here are my red flags and I wonder if this is a deliberate guise to defraud the unsuspecting public:1.He insists on collecting this ‘application fee’ of $1,950 upfront.2.My understanding of brokerage is that the broker is compensated by the principal.

In addition, I don't see many institutional firms attempting to sell their inferior interest in the open market as it is problematic and bad press.All that makes me want to conclude this is more of a private firm or person specifically looking to take advantage of an unsuspecting buyer.There is a little speculation on the existing mortgage which is causing the hold up.  

Find the unsuspecting homeowner that doesn't know the true potential of his/her property. 

So this is my first post on the diaries and i thought i would start it with this property since it is one that i unfortunately have to do full permits on because of the location and the city inspectors have been watching it like a hawk waiting for some unsuspecting investor to buy it so that they can pounce on them.Freddie Mac home near Tacoma WA.Before stats:  4 Bed 2 Bath 1,537 Sqft with an Un-Finished 1041 sq/ft basement and 2 car detached garage, also includes a large pain in the butt 3 story chimney (basement to second floor).Post Rehab: Will be a 5 bed 3.5 Bath 2,578 Sqft home. 

How they turn profit off unsuspecting newbies.

Your attitude in this thread leaves little to be desired and reflects poorly on you.I fully agree with you that in sub2 and any other real estate transaction, there exists unscrupulous characters who belong in a 5X9 cell and not out on the streets taking advantage of the misinformed, unsuspecting, or ignorant.