By your own admission (your post title) you came to the conclusion this was Fraud.

NOTHING is for free, someone ultimately pays for it.This conclusion could be accurate if every buyer receives a $25k credit.

We are here to work with you as much as needed, but do ask that you have all the information about a situation before drawing conclusions. 

Conclusion: This case study of a 6-unit apartment building demonstrates the profound impact that a cost segregation study can have on an investor's bottom line.

Frustratingly, those projections are released at the exact same moment as the Fed's rate decision and there's every chance that September's installment will cause some volatility in the bond market.For instance, if the Fed's projections are surprisingly friendly, mortgage rates could fall sharply on Fed Day and many uninformed onlookers will falsely conclude that the Fed rate cut was the thing that did the trick.One caveat to all of the above is that these conclusions are only as good as the market's understanding of the Fed's probable course of action.

Hi Anne,It all depends on your own goals, if you really believe in the area, have done the work and have come to a conclusion that your money is used best in an asset here, then do it.Theres no reward without any risk.

Bottom line, to make a determination on what is best for people, you have to take in all the factors and you are jumping to conclusions way too fast based on your tunnel vision that low interest mortgage > variable first lien HELOC.  

I made a post about it here at the conclusion of the event if you want a quick read.

Certificate #3Located in Duvail CountyCertificate No &  Year: #14230 - 2011Certificate Cost: $2,400.00Just Market Value of Property: $2,460.00 (from the Assessors office)Amount of Back Taxes owed: $11,452.30 (it has been delinquent for at least 7 years)Comment:  REI suggestion to us for this property was to file for a tax deed before the lien expires in June of 2018.Conclusion:  Obviously filing for the tax deed would cost more than the property is worth - $8,992.30 more (All liens must be satisfied when filing for the deed). 

Just got done reading the entire thread, so what is the conclusion who are the reputable lenders with a closing track history that can be verified that lend 100% without charging an arm and a leg to good qualifiers with good credit and income?