What are the disadvantages?

This income is subject to a self-employment tax.Disadvantages of Sole Proprietorship .One of the disadvantages of a sole proprietorship is there is unlimited liability.

Hey guys,I know the Phoenix market has a ton of wholesalers in it which could be an advantage or a disadvantage depending on how you look at it.

That and the fact that many are simply dealing unethically due to the not knowing any better, they think they have to resort to weasel clauses, showing they don't deal in good faith with full disclosure, use misleading implications of having a partner when there isn't one, they take properties off the market putting owners at a disadvantage while they beat the bushes for a buyer, when they fail, the owner lost marketing time and may have incurred other expenses relying on the false implications presented.

Wondering at this point, if we should just go to a local bank with a presence in Chicago; we no longer live locally, so that seems to be putting us at a bit of a disadvantage, since harder to build relationships with Chicago banks.  

Refer it to the courts and let the parties fight it out.The RE Commission has no authority over EM here, and there is a disadvantage to using the other party's broker (they may not be unbiased).

The disadvantage to traditional financing is that you need to have more skin in the game in most places.I would not spend all your cash if you can help it.

The unknowing investor will be at a disadvantage and could miss out on deals becuase they couldn't make a timely decision.I'm not endorsing a specific text book, but any written as a business text will put you years ahead of those who do nothing but chase guru books, I guarantee it!

You also have a disadvantage, as you have no established credit.

You won't save any money and could easily end up at an extreme disadvantage, especially as a first time buyer.