Anyone heard of this hard money and business lender?
Speaking with a Facebook user on Messenger who claims to be involved with them somehow. They apparently offer 95% financing for beginning investors. They said there are upfront fees, so I certainly won’t be using them, but wanted to hear your experiences!
@Dakota Fleming , anyone that claims to be a licensed lender and doesn't have an NMLS number on their website screams scam to me. Also, hell no on the upfront fees.
I have to agree with Scott, and I'm noticing many more of these popping up. A Gmail address is a dead give away but also when I see LLC in the lending name I am automatically suspicious. You can search their state's Secretary of State to see if they are a legit business. But I agree with you also that any upfront fees is an automatic red flag.