Hello everyone, I recently came across Kennedy Funding (based out of New Jersey) as a potential financing option for my real estate ventures. I'm keen to understand their viability and legitimacy in the market. If any...
My husband and I have been landlords for nearly 10 years and are considering renting our SFH in NJ. There's a family that is interested but they don't have a social security number, only an individual taxpayer identif...
Hello BP Community,We sold our home and the portion of the funds (~ 400K) that had to be wired to our Mortgage Servicer was sent to a fraudulent account (Wire fraud) by the title company. While Title company is invest...
Hi there, I was contacted by a hard money lender via LinkedIn shortly after my first post on BP forums. I thought this to be strange someone would randomly reach out and ask if I need funding, however given the networ...
Hi Everyone,A 94-year-old client recently sold her home in Rhode Island and moved into assisted living. My company helped move her in, and I just found out that she did not receive the proceeds from her closing after ...
I got duped into sending $10K in the form of a wire transfer to a person who was acting like an individual from the title company. This is my first rental property purchase, and I was deceived into thinking I had to w...
I'm about to close on my first out-of-state rental property investment when I received an email from the Title Insurance Agent that I need wire the closing funds to avoid delay. The email had my property details and r...
Starting my 1st 1031 exchange and contacted a local company that had posted on BP several times. Met with a representative and before I wire this company a large portion of my net worth I would like to see if anyone ...
Hi everyone,I recently purchased my first investment property in South Bend, Indiana with a Section 8 tenant. I hired a property management team to handle everything since it’s out of state. It has been two months a...
I'm learning about mortgage options for my first investment property. This is also my first home purchase, so the FHA loans and other owner-occupancy options are on the table. I currently live rent-free as a caretaker...