Zane Bradshaw
Identifying Money Lending Scammers..
HI, I want to know what to lookout for in money lending scammers.. I have recently contacted an agency, their English is not the greatest, but they are an international company. Their loaning amounts are from $5000 to...
Mary lou L.
Vent. Fake Craigslist ads!
I've been flagging ads that are obviously not rentals in the area where they are listed. These ads have low rents listed! And most times the descriptions do not match the pictures posted. I am positive they are spam a...
George P.
Ideas on preventing Craig's list Ghost Ads (avoiding CL "for rent" scams)
I have had major issues with the last 2 rentals during the last 2 months. One rental was for $1,100 in westland and the other rental is current in Livonia for $1,025.Both had ghost ads on Craig's list, multiple people...
Vish Iyer
Has anybody borrowed funds like this?
Dear Investors,I recently got an offer to borrow money from a hedge fund. These were the conditions: I put 5% of the deal amount into an escrow account for 30 days. After the seasoning amount, the company funds the r...
Imani Moore
Renting with Homeaway
Quick background of this story. I just recently moved to Atlanta, GA. I'm still getting settled in so before I get to investing & buying my own residence in the area, I'm deciding to do a short-term rental. I've b...
Terrance Schab
Has anyone worked with Allen Financial
I received Allen Financial Services information through facebook, they are out of San Antonio Texas. I have not been able to find much about them outside of their website. I am weary to give anyone financial informat...
Kate Elson
Wrong address on forclosure?
Last week one of my tenants called to ask if I was being foreclosed on. Someone had come to the house (Three family) and knocked on all the doors and told my tenants that I no longer owned the house. I told my tenan...
Corey Dutton
Have You Fallen Victim to a Lending Scam? Share Your Story
We write on the topic of loan scams often and we always get a lot of responses from victims of these scams. People often ask, “Who do I report this to?” and unfortunately there is no straightforward or clear answer...
Torianne Baley
Letter of Intent with Loan Fee - Is this Legit
Is it normal to pay anything upfront besides a down payment on Private Money Lender financing deal
Does this look legitimate to you guys https://drive.google.com/file/d/1WXAqllCuZVMjkv6HjqLmv-gw3bmwPqr2/view?usp=driv...
James C.
How To Know If Lender Is Legit?
Hey BP, So I've been trying to get in real estate in the past year, but HML in my area (Philadelphia) have a lot of upfront cost plus fees just to purchase a property. Some are even requesting 20k just to purchase an...