Legal Question in Real Estate Law in Texas

real estate investment with a broker

I bought a house last year that a broker helped me get by stated income. Well it was a house that I could not afford, but she state that since I was in a small business I could go whats called, stated income. She and her loan officier juggled around some figures and with my good credit, and the money I had to put down the loan was approved. I was hesitant because I didn't think I could afford it still, and business was slow. She said that she had a way for me to make extra income which could help me to afford the house. 1. She had a friend that would roommate and share half of the mortgage and she had the papers drawn and ready for him to sign. 2. We both could work under her brokers license as apartment locators, she said ''don't worry its easy she tried it once just for the heck of it and made $300.'' This sound like a good plan, so I went for it. She told me about investment property which she said was another plan for income, so I gave her $2000 in cashier checks. She could not sell the property, and she never gave me my money back, the roommate and apt. locating was all bull crap, plus I lost the house. Help a fool out please, that thought a real estate broker could help them get a house, plus invest, but got took.

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