Jessica has had this Property around 2.5 years but yet to make any return on it despite it being rented out twice now for about 15 months to two different tenants through two different property management companies.I have a background in the military and police, have my own business still connected with law and security so i’m up to speed with British law but I’m aware this is likely to be different in the US.I believe that one property management company, our current one may have committed fraud against us.

Hey All (Fyi i'm copying the wording of another post because both are situations are almost identical)Not sure if this is the place to ask some questions about the market in New Jersey, if its not, please direct me, thanks!

@Ryan ClearySomething not being addressed is perceived mortgage occupancy fraud. 

This is an FHA requirement, not a lender requirement, and to intentionally do otherwise Is mortgage fraud.

From the Fannie Mae website: “If the parent is unable to work or does not have sufficient income to qualify for a mortgage on their own, the child is considered the owner/occupant” for principal residence properties.I am concerned about occupancy fraud. 

There was a lot of fraud and every single Powerpoint I ever saw was a complete lie.

@Roy Furbert Everyone involved will get named in the lawsuit like @Chris Seveney said.This whole thing smells like fraud from what you’re describing but it depends how it was marketed and what the MLS said.

My guess loan officer was set loose due to costs.If seller has the written commitment approval letter from the lender they have to honor it, unless there is fraud.

To recover your $ you must wait a minimum of 90 days and you will subtract new hidden penalty in addition to other disappearances of your funds.Fundrise is, plain and simple, a legal fraud.

If you don’t start trying to move in right away, it could be considered mortgage fraud.