;-)Thanks Paul for the information---I have already started watching some BP You Tube tutorials which are pretty fun.

Everytime I hear a story like this I simply cannot believe the nerve some people have to pull stunts like this.

My best guess, they simply are bored and want to keep their money doing something.   

The lender simply allowed us to exercise the option as a refinance.  

It's simply a matter of being patient and selective and never letting your guard down.

Many of my peers are simply not interested in these subjects or simply are too lazy to even research it!

When these claims are made or boasting of success, you'll usually find that disclaimer of "your mileage may vary" as this can be grounds for fraud, so if that's the case, perhaps you should simply ignore the dollar signs when looking for an education.My advice, get to know a mentor or coach, their business ethics should be beyond reproach and they should be teaching what is ethical and certainly legal. :)   

And, most multi developers are simply looking for pretty renderings up front to drum up interest (with the promise of more work -- and payment to come post-funding), and then the required stamp on the other end.  

They are simply carried forward.

I'm sure you can, but simply transferring it doesn't accomplish anything.