So I have a bedroom I am trying to rent out and I have been getting emails from a woman that claims to be in a remote fishing village in Alaska right now and is moving to Austin. She says they don't have phone service...

I’ve received a few marketing emails from private lenders with 100% financing and really amazing terms. Almost too good,4-5%. Are these legit or is this some kind of a scam. Trying to see the scam angle if they would ...

I am a fairly new investor interested in a distressed property in my area. I have been communicating with a PML about funding this day but just today after speaking to him on the phone for the first time (numbers and ...

I was looking for private lending and I got a colleague request from a person named Mourine James. He is offering me private lending without knowing what I want to do with the money or the property address. But he wan...

In the lending world, loan scams always target the areas where loan products are scarce or simply don’t exist. Some of the biggest scams in lending right now are following construction loans for spec homes and residen...

Hi All,

I'm new to biggerpockets.com and I'm loving the site!! Anyway... I want to contribute as much as I can to everyone so I wanted for all of you to get word about a huge scam that's going on in the rental indus...

Ok guys, now I assume from my research in the forums and basic common sense that this is a scam, but I wanted to get some opinion.I started working with a hard money lender that said he's set up his own company to len...

I went to my first local REI club meeting last night. There was a speaker representing a company that extinguishes your bank note due to mortgage fraud. It works like this: you are an upside-down homeowner or owner...

Hi Everyone,I was recently responding to a post on a meetup group "New York Real Estate Entrepreneurs" about a private loan with 5% interest. This guy, his name is Michael, said he could loan me $200K with 25years ...

I could use some advice on this topic.
I have a reputable Hard lender set up and ready for a flip, but have recently been emailing me back and forth with a person that claims to be a private investor who has offere...