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...
HI,I just read this article about a real estate scam in Detroit, Mi. I thought I'd share it to warn anybody. (http://www.freep.com/story/money/business/john-gallagher/2017/10/10/detroit-federal-prison-housing-scam/7...
Hello BP, I was contacted by few people on Linkedin offering me private money lending to buy Non Performing Notes, for some reason they sounded like scammers, one of the things turned me off is they email me from the...
I was on BiggerPockets FB page and seen a hard money lender posting an offer of loan services. I contacted this person by the email that he provided. He asked for various types of documentation and sent me a loan appl...
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...
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...
From a fall article in the Scotsman Guide, the popular topic of loans scams in hard money is a conflictive one, particular for those who have been the victim of one. Loan scams are a huge problem in hard money loans f...
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...
I saw a wholesaler listed a property for $220k, but it's also listed on the MLS for $275k. How can a wholesaler have an assignment if an agent is also listing it on the MLS?