Money Source of America- Real or Scam?

Money Source of America- Real or Scam?

Boston, MA · Member since 2017 · 7 posts · 2 votes

Hello everyone,

I'm writing to see if anyone has used Money Source of America as their hard money lender. I have been looking through their financing programs and have received a pre-approval for a BRRR property that I am interested in purchasing however the broker that I have been dealing with emails with run-on sentences, poor grammar, and spelling mistakes; this leads me to think that I am dealing with someone who speaks English as their second language.

My question is, does anyone know if Money Source of America is legitimate?

Www.moneysourceofamerica.com

Thanks,

Michael

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Nathan GesnerBusiness Member
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Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
6y

Instead of starting with an unknown company, go to the NETWORK > RECOMMENDED VENDORS in the menu up top. Look for lenders that advertise here on BP and then ask members in the forum to share their experience. You should consider several different lenders to compare rates or terms and find someone you are comfortable with.

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  • Member since 2020 · 2 posts · 0 votes
    3y

    My comments to you alll especially to the realtors on this thread.  You are about to be obsolet . We also as a banking organization had signed on the legislation for your fraud on your fees  readers check it out. My Family has been in Banking for over 100 years and stand by our reputation. WHAT DO SYAND BY As A  USED HOUSE SALES PERSON.   You need a real private money  banker who is honest with give Money  Source  of America a call or trust a used house sale man or woman or confused. God Bless

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