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The Investor’s Guide to a Single-Family Rental Emergency Fund
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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdviceLegitimate Lender? How Can I Spot a Fraud?
Ben Colabella's profile image
Ben Colabella's profile image
Ben Colabella
  • Accountant
  • from Morristown, NJ
  • Member since Jan 13, 2019
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Ben Colabella's profile image
Ben Colabella's profile image
Ben Colabella
  • Accountant
  • from Morristown, NJ
  • Member since Jan 13, 2019
Connect
Ben Colabella
  • Accountant
  • Morristown, NJ
1
Votes |
11
Posts
Private Lending & Conventional Mortgage Advice

Legitimate Lender? How Can I Spot a Fraud?

Ben Colabella
  • Accountant
  • Morristown, NJ
Posted Apr 18 2019, 10:53

I put out a post on Connected Investor about wanting a loan on a condo hotel that I self manage. I’ve been receiving offers, but they seem too good to be true.

I was wondering if anyone has any advice on how to spot a fraudster. What is a sure way to tell if a lender is legitimate?

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