That sounds kind of sketch.

Do they have an NMLS license or any kind of reviews? 

@Marcus Auerbach  I really appreciate this perspective — it’s exactly the kind of honesty I need to hear right now.

It's kind of a catch 22, because aucions typically reuire proof of funds prior to lending, and you don't want to take the loan, unless you know you're going to win the bid.

Anyone else seeing these kinds of drops from local lenders?

Continue to be kind and happy investing👌…nothing wrong with saying, no, nope, ain’t happening, not this time😁.Sincerely,Kita

Not directly related to the question, but what kind of neighborhood are you buying in- is this some kind of war zone?

Hey BP community,I’m curious — for those of you actively flipping right now, what kind of financing are you finding most reliable?

What kind of properties are you thinking for your first one?

Ideally, I’d like a tenant or business that takes care of the property and handles its own maintenance, while I just receive rent under a multi-year lease.I’m not looking for short-term or mid-term rentals.I’m more interested in creative or semi-commercial uses that can legally operate out of a residential property.What kinds of businesses, organizations, or lease setups have you seen work well for a property like this?