A true wholesaler is transparent,honest.

Then the attorney charges a hefty legal fee to the 501c3 and the attorney pays our company a consulting fee.He takes care of the details for us, but that's the way I explain it to Realtors, investors and homeowners.Again, my apologies for the lack of transparency.

We are trying to put transparency to this industry--so many individuals from overseas are getting ripped off, which ultimately hurts investors doing it the right way.

The thing that I always promote for investors is to look for full transparency.

While I agree with both of you that the source of the information is little suspect since he is a competitor, my perspective (as an investor) is little different than @Jay Hinrichs (as a borrower/sponsor).I actually agree with the gist of the conclusion of the article: that there is not enough transparency from the sites, and that based on private conversations with investors, there seems to be a lot more failed investments than anyone is admitting to publicly.

Greetings,

I live in a community goverened by an HOA. I have witnessed and been the victim of many actions by the board I would consider questionable, if not downright irresponsible.

Our board engages ...

Do it right and be transparent.

I'd recommend being transparent with yourself in the analysis.

The key takeaway is this: the MCB 'close enough' algorithm consisted of only about 5 variables and all the data was available (HUD auction history was transparent back then) on a daily basis.

Im also transparent ,So there's definitely some things i want to put in there of my own.