I re-read what i said I did not mean for it to sound as if I was planning on being dishonest.

And @Omar Khan you make me think the same thing which is fairly disturbing to me because I've heard your name mentioned as a 'financial expert'  around multi-family properties.Are you saying that it's in anyway ok to be dishonest or mis-leading or immoral just because the banks are?

I feel it's dishonest to say you purchased with "no money down" just because it wasn't your money.

@Andrew Caton  It is possible get the finder fee.

Currently my biggest fear is losing capital due to dishonest seller, issues with collateral file causing inability to collect on loan,..etc.   

I don't know your experience level, but if you are surprised, it means that she is not very experienced in sales or the business world and should have taken more time to learn about you, but that doesn't make her dishonest, just sloppy.She is entitled to her commission, and moreover, she probably has to charge one because the broker where she parks her license will probably impute one whether she charged you or not. 

Ethics is easy- who wants a dishonest wholesaler?

There is no room for dishonest, unethical wholesalers nor is there room for incompetent, lazy realtors.

Thank you for your input as a rookie getting into this you say not having to deal with headaches but in reality a vacant apartment is still a headache and a pm who is dishonest and constantly hitting u with inflated repair cost is a headache so even with a pm thier are still headaches.. but I thank you for your input I very much appreciate the education u guys and girls are giving me.

I thought about listing the names of some of the other investors I've briefly met, but that just seems dishonest.