There's no shortage of posters who advise this or that and advice is appreciated, don't get me wrong, but I'm searching for anyone who actually tried them...AND paid their fee.Of course THE BP forum would attract a RE lender scammers like the Boy Scouts attracts pedophiles - AND I'm NOT saying this supposed collection of lenders is anything less than what they claim to be until proven unworthy - BUT when an outfit charges a fee with no way to telephone a human being...red flags go up.privatemoneygoldmine.com list a number of contacts in the zip code selected and 'Iron Clad GUARANTEE' if a patron does not get funded- they refund the $97 fee.I actually read the TERMS & CONDITIONS on websites insted of just checking the box.

Maybe members would feel more comfortable they are not giving a referral to someone in the Detroit outfit !

I don't know if the background check outfits can research those or not but it's worth asking.

Any outfit that is trying to sell you a SFR based on a crap rate, (their NOI/their asking price) is either dumber than dirt or crooks.  

My mortgage was recently transferred from Bank of America to an outfit called Seterus.

He is a one man outfit but did good concrete work for me.

Here in NJ if there is a raid of this nature and the Police or a specialized DEA type outfit enters the abode they need to leave paperwork showing that they had this right to enter the premises and or search or seizure.And yes Joel is referring to a very long thread that took place with another Air BNB incident in which the tenant refused to leave and she had to go through hell to get them out finally and gtet reimbursed, which in the end she did I believe.....The more I think about it the more I would need proof to belieev that thsi actually happened.So, how it works is Air BNB gets paid from the tenants and then they in turn pay you after tenant leaves?

I have not.I was going to relate a funny story but then I would be highjacking the thread.Most of our rentals here are pretty nicely outfitted and of course our rental market is about as good as it gets in the US... so you can be choosy and don't really have to over do it.

As you know this outfit wants $97 up front for a GUARANTEE of funding...but no phone number to call anyone...RED FLAG.

I took the plunge and bought my first house last year and I’m now in the process of outfitting the upstairs to be rented on AirBnB.As @Chris Tarpey mentioned, networking is a top priority and something I’ll be building up locally as well.