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12 March 2020 | 13 replies
A few red flags to watch out for would be:- Asking for a large loan application fee or other fees upfront - Unusually low interest rates for a hard money/private lender (real hard money/private lenders aren’t loaning money at 4-5% but fake ones usually advertise those rates)- Email communications with really bad English/grammar indicating the sender might be from out of the country- Claiming they loan nationwide in all 50 states (most non-bank, hard money/private lenders operate in only certain states and don’t lend nationwide)- Claiming they can do loans from $5,000 to $50 million (most lenders that will loan you $5,000 can’t do a loan for $50 million, and most lenders that can do a loan for $50 million aren’t going to bother doing a loan for $5,000)- Offering to send you a photo of their drivers license (fake lenders tend do this to convince you they’re legit but I guarantee you it’s not their license they’re showing you and a real lender would never do this)- Not caring about your qualifications or the merits of the deal (basically willing to “approve” you no matter what you bring to them since they know they’ll never actually fund it)- Terms that seem just way too good to be trueThat’s just a few things to watch out for.
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21 February 2020 | 0 replies
Commentary of how the middle class and the poor are not going to make it mostly due to the things in life that FAKE them out!
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24 February 2020 | 3 replies
There are few if any crowdfunding platforms producing the returns they promise.
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8 March 2020 | 16 replies
Drop in population growth in Cleveland in general is a concern, but pockets are promising.
26 February 2020 | 12 replies
I live in North Carolina sir I’m so happy you replied sir I just need one good start and I will never give up I promise I’m going to get my own place and car soon and take the class online to get my certification I just don’t know what to do after sir I want to be a very very successful real estate agent I just need help
25 February 2020 | 2 replies
We've been contacted via email by fake "private lenders" but when they didn't ask any questions on the deals and we started asking questions as to why they stop talking altogether.
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1 September 2020 | 4 replies
Home advisors will promise you the world if you're a contractor but you basically end up being their puppets.
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1 April 2020 | 5 replies
There marketing seems good and they make it sound promising.
23 February 2020 | 2 replies
Any commitments outstanding from the landlord (I don't have to pay late fees, Promise of never raising rent, installing monkey bars and a trampoline this spring, paying my electric bill if it goes over $10, letting me operate a dispensary out of the property, etc.)6.
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24 February 2020 | 7 replies
@Antoine Smith - Need much more info to be sure, but sounds promising, so keep doing Due Diligence.