It's basically like a refinance, only you don't make any payments, the balance simply rises by interest accruing.  

Out of curiosity though, how does one get into wholesaling higher dollar properties such as this?

From this a lender will then only allow $75 a month accrue toward the purcahse or $1,800, far short of the borrowers down payment requirement.

Out of curiosity where do you West Coasters spend a majority of your investing dollars?

If this agreement is terminated by Owner during the term of any Rental Agreement, Owner agrees to pay an amount to Manager equal to 50% of the management fees that would accrue during the remaining term of any rental agreement in effect at the end of the 60 day notice period.Should I be wary or am I overreacting?

And this is necessary before I can accrue the necessary equity to make an offer on a prime opportunity. 

I've never considered that area of investing and my curiosity is definitely peaked.

Are there late fees, past accrued interest, legal fees or a penalty interest rate? 

They are in the top 20 biggest real estate outfits when it comes to accruing institutional capital, have 4000 employees, and have $22 billion in assets under management.Yet I can't really find much about them online re: reviews, and there doesn't seem to be one mention of them on BP! 

After a year, you can accrue a float and even a little bit will make a huge difference.Cheers!