The crackdown continues. It seems that the FBI has arrested 400 people since March for mortgage fraud. I'm sure this will have many others shaking in their boots. However this is a case of shutting the barn door af...
I was asked to pay in advance 2.5k for approving my loan before i get the money. I said explicitly that i pay loan fee only in escrow after the loan money was paid to the title company. Here is the letter i was sent:P...
After Further investigation this man is a SCAMMER. He has been legally banned from doing any business in California because of a illegal action on his behalf. He has scammed many other people who have even created a f...
We got a house under in Atlanta, GA area under contract last week, seller calls my attorney to say he was wondering if its a scam because the guy was 'Nigerian'.My attorney (who we have closed several deals with) spok...
After spending all of last spring and summer working diligently on my latest flip, I got it on the market in the middle of October, just in time for a cooling buyer pool. We got a buyer after a couple weeks and then t...
I'm new to real estate, and I want to start wholesaling. I've been reading some forms about wholesaling without a license and how it appears to home sellers. My question is, should I get a real estate license to appea...
Hi all-
I've been looking to get a bridge loan from private money lenders but have noticed there are a ton of scammers online claiming to be legit. Any advice on how to find actual private money lenders? Also, woul...
Aaron Harding who is a listed as a "PRO" member here on Bigger Pockets scammed us big time as a private money lender. I've contacted Bigger Pockets to remove his profile. Do NOT do business with this person!
Hello BP's!So, I came across a member of the BP community that answered to a proposition of a deal that I posted on the MP but resulted to be a total SCAM. I found that out by searching for posts about his lending com...
Hi everyone, I posted a couple questions on here recently and have since been contacted by a few members offering a loan. I haven't filled anything out yet but have been talking via email. I know not to send money t...