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Hello Everyone,A private lender is offering a home equity loan on my old single family residence.I am assuming he will put a lien on it with a 2nd position, correct?It is 5% and 15 years termWhat kind of information a...
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My rental listings are being spoofed on FB marketplace and the scammers are posting them at significantly under the real price, advertising them as ABP and other "too good to be true" terms, and collecting first month...
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Hi BP community! My partner and I have been given the opportunity to purchase some land (around 1 acre) in southern Costa Rica about 8km from the airport. We’ve always wanted to go there and have many friends and fami...
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Hi all - I have recently been more active at reading forum posts, and I have seen SO many posts about scams. I have a friend who is currently writing a book aimed at increasing awareness on various real estate scams. ...
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History with Morris Invest & OceanPointe Investments LLCIf any of you are suing Clayton Morris and OceanPointe, this information is mostly for you. I am a California attorney who contemplated bringing a Federal c...
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I have an elderly couple applying for my SFR. They provided too much info which I will share here. She is 62, he 70. She is retired from the postal service after 25 years, he is retired from Ford Motor after a 35 year...
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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...
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Two months ago, a guy names Wang Ruiqing sent a connection request when I posted a message about how to deal with a headache investment property. He wanted to connect via WhatsApp and promises to purchase the rental h...
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We purchased our first Short Term Rental, a penthouse in Wildwood. Posted it on Airbnb, VRBO and Facebook Market Place. It's $2700-$3400 a week which I'm being told by other owners is about normal. Ours seems to be o...
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As a newbie investor excited to get started I have made many mistakes. Here is my story of how I learned the hard way. True Story of How my First Real Estate Investment was a Scam