A Big Pyramid Scheme?

[Anthony Gayden]

Does real estate investing ever seem like a giant pyramid scheme to anyone else? The way loans, lending, payments, and everything works almost seems like a pyramid scheme. Throw in syndications and private money and you can see the similarities. The reason I bring this up is because it seems like there is a very thin line between legal and illegal practices sometimes especially when it comes to borrowing money or raising money to invest. I was watching American Greed and it occurred to me that some things aren’t pure black and white but things get out of hand quick.