Marina Kimak
How to recognise fraudulent lenders?
I joined this site just recently, upon my decision to turn my passion for real estate into a serious business. I found a great deal and developed a sustainable business plan, I found myself in front of the major step:...
Michael Taylor
How to Vet a Finance Brokerage
Hello Bigger Pockets family, I need your help. I found this great small multifamily property and I have an agreed upon price with the seller, my broker is working on the contract now. There is a finance company that...
P. Martin
$700,000 condo for $3,000? There's a catch!
What do you think of this situation?Waterfront luxury condos. Foreclosed and struck off by the county. Minimum bids of around $3000. Sounds like a slam dunk right?Except the complex was not finished! 4 buildings out o...
Shawn DiMartile
Paying for work 2k miles away
I'm buying my first out of state rental property this year and have read David Greene's "Long Distance Real Estate Investing" book several times. He covers most everything I can ask to get started, but one of the ques...
Alisha D.
Is this a scam or have real people gotten loans from this company
I have been trying to get funding for a deal. S&M Finance Corp, Michael Galdyzs, is constantly calling and texting asking for a ln upfront fee for said underwriting and origination fees. Once I told him that I was...
Sayo Owoseni
Joining the Bigger Pockets Community from Texas
Hello everyone! My name is Sayo (Pronounced Shyo). I recently moved to Dallas,TX but I am considering moving to Austin or Houston. I went to school in Boston for 6 years and absolutely loved it. I desire to build weal...
John Franczyk
Hard Money Lender - This is What a Scam Smells Like
I'm curious if anyone has had a similar experience as this. It's clearly a scam, but the scammer went to great lengths before launching the scam part of the transaction. I have been looking for a $55K hard money loan ...
Brad Baker
Sketchy town home seller Charleston SC
I just finished meeting with a seller of a townhome who needs to get cashed out quickly. The ARV is 105-110k and it really just needs a coat of paint and light drywall work. It was about an 8 out of 10 as conditions g...
Kyle D.
Someone listed my home on trulia.
I have one of my homes listed throught postlets and today i discovered that on trulia my house was listed for sale by some agent. The agents name is mr michael. He has 7 propertys listed and there all 3/2 homes and he...
Alex Verdugo
Payment before loan
How common is it for lenders to ask for $1600 payment from me before I receive the fund distribution? This seems like a scam but ive never had a home loan before. Is this basically the down payment for the loan?