Yes, you are correct, more money is wasted but when the bank takes it back, and then sells on the open market, they eliminate anyone ever coming back and accusing them of insider dealing to the detriment of the borrower or borrower's estate.Better in my opinion to just watch the property and let the bank foreclose, buy it at foreclosure sale.

Thanks YouTube income can go away in a heart beat as witnessed by many people who have been shut down and shadow banned recently.

I’ve also witnessed in a lot cases to where if the syndicator fell short of funds for DD, then those funds were raised as “at risk capital” from the investor for a nice percentage of the equity on the GP side.

Somebody wanting to sue for you backing out of a bad deal or accusing you of selling them a property with defects like unknown termite damage).

So, someone might accuse you of being dishonest trying to convince a seller to wholesale the house through you. 

The thing is, in the real world I don’t witness BOTH the things occurring.

Hi @Jake Williams, Wits Realty is currently looking for a Tenant Success Manager.

Having grown up in the Alberta/Cully neighborhood of Portland I witnessed the change and incredible growth the city has experienced since the 2000's, which served to plant a seed and solidify the idea of REI as the eventual "some-day" goal for myself.

Eventually she literally accused me of taking advantage of her just to make a buck off her.

Most issues I have witnessed with new construction condo purchases dealt more with incomplete construction, signoffs, and CO.