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Updated over 6 years ago on . Most recent reply

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Nicole Heasley Beitenman#1 Medium-Term Rentals Contributor
  • Investor
  • Youngstown, OH
2,451
Votes |
2,984
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Anyone worked with this company before? "Private Lender Frank"

Nicole Heasley Beitenman#1 Medium-Term Rentals Contributor
  • Investor
  • Youngstown, OH
Posted

He posted in my local REI Facebook group. Website looks professional, but then I got to the terms. They don't make sense to me: https://privatelenderfrank.com/

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Alex C.
  • Cincinnati/Dayton, OH
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Alex C.
  • Cincinnati/Dayton, OH
Replied

The website privatelenderfrank.com is very new (created on 2018/08/06; exactly three months ago).

Portfolio Lender Frank has a Twitter account at "POTfoliolending": https://twitter.com/potfoliolending

Portfolio Lender Frank also has a Facebook page: https://www.facebook.com/pg/privatelenderfrank/pos...

On Twitter he has a phone number with a 661 area code (Los Angeles County).
On FB he has a phone number with a 669 area code (San Jose).

A Google reverse image search of the image of "Frank Portillo" from those profiles and from the "terms" page of privatelenderfrank.com shows that the same image is used on the following online profiles (which appear to belong to a real person involved in higher education in Canada):

https://twitter.com/alnwickkeith

https://gi.linkedin.com/in/alnwickconsulting

I would avoid doing business with Private Lender Frank.

Interestingly, I found three BiggerPockets users named Frank Portillo, two from northern California and one from Arizona.  It's likely that they have nothing to do with the person behind portfoliolenderfrank.com.

https://www.biggerpockets.com/users/ReallyFrank

https://www.biggerpockets.com/users/frankp27

https://www.biggerpockets.com/users/Frank2182

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