21 September 2019 | 11 replies
If you look at big turnkey scams like the whole Clayton Morris (Morris Invest) dumpster fire, the common theme with all of those investors who got screwed was that they all paid cash.
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20 November 2014 | 2 replies
Really cannot figure out the scam.
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26 March 2019 | 0 replies
Most of the lenders seem like scams or don’t have good reviews.
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4 September 2018 | 4 replies
https://www.biggerpockets.com/forums/49/topics/595905-lender-scam-warning-north-carolinaSeems odd that the up front fee was exactly the same.
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4 February 2019 | 6 replies
Just this morning I had someone call that got scammed out of $2350 by some "lender" that has now disappeared with the money.
16 August 2019 | 4 replies
[Since I don’t know why you asked, it’s a common scam among disreputable lenders to ask their potential borrowers for up-front money to buy some sort of lenders mortgage insurance.
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17 August 2020 | 40 replies
Why would I tie my million dollar home for example, up for weeks while you try to figure out what you are doing, not to mention obtain financing for what you told me would be a cash offer….None of what you say makes any sense, and I highly suggest if you're struggling this much with the basics that you read up a bit more before proceeding further....You're either going to get scammed or end up in a bad deal/situation.When I bought my first house at 26 paid in cash, it was noted as a cash offer in the contract.
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1 January 2020 | 2 replies
So I deduced that it is a scam to trick people into being robbed/assaulted.My neighbor got his car broken into about a month or 2 after I bought my house but I passed it off as him having a really nice car and people targeting it.