Blog Category: investor loans

fraud alert

Occupancy Fraud? What Is That?

Hi, it is Brian Martucci doing a video blog from the beach. I am in Manhattan Beach, California. Take a look. Beautiful, is it not? So, today I want to do a video blog about occupancy fraud. By occupancy fraud I mean somebody that says that they’re going to live in a property as their primary residence when they really have no intention to live in the property as their primary residence. They really are going to rent it as a rental property.

Watch the video here

Why do people do this and say that they’re going to live there when they are not? They do it because they will get a lower interest rate Read More