Also, I think Jay vividly illustrated a worst-case-scenario situation as he described what would happen if the loan defaulted but you are exactly right.  

Here's one of my favorite charts to illustrate:

A 1031 exchange is a swap of one real estate investment property for another that allows capital gains taxes to be deferred.The actual process is simple and illustrated below:Be aware of the 45-day identification period.

Whatever.Hope that makes sense as described, don't check my math, it's an illustration, LOL. :)

I confess to using content from his posts to enhance my own.As you explore Cost Seg, the following should be helpful to you.How to interpret a Cost Seg Feasibility Study and Cost Seg ReportA Cost Segregation Feasibility analysis can be a pretty "noisy" document, so you need to know how to cut through the noisiness to focus on what actually matters.Your actual ROI on a Cost Seg Study may be HIGHER or LOWER than illustrated on a Cost Seg report.What is the "bottom line" on a Cost Seg report?

So my answer is more of an illustration as to how wholesale transactions, especially those where an agent is involved, can be predatory.  

Either scenario illustrates the importance and potential benefits of considering BFC in today's market.If you've used BFC or are intrigued by this approach, I'd love to hear your thoughts, experiences, or questions.

They will illustrate what needs to be done to the property.

It is my illustration of the Stack that Brandon Turner talked about. 

If they will do a loan with less than 1, the pricing takes a hit.I've included an example below to help illustrate this. 4.