Today's market demands a greater sophistication as the industry has become more standardized, and when a market goes through a change like this their will be proffessionals to fill the void.

I agree, there have been numerous posts lately about finding syndication investments for sophisticated investors.

IN EVERY CASE, MONEY WAS LOST WHEN THE VICTIM WIRED MONEY TO A STRANGE ACCOUNT NAME.Though even sophisticated buyers are falling for this, if you are selling property, I hope you are warning all of your buyers.

I believe if you buy it with the intent of flipping it, that regardless of how long it takes you to sell that the earnings would be subject to payroll taxes.

The only reason most sophisticated investors choose to pay all cash is to get a good deal.

If you are a sophisticated investor and know how to perform your own due diligence, independent of this "wholesaler" and his anecdotal statements,then maybe you can get closer to the truth.Now the truth may be that there is a great amount of title, financial and property improvement work to be completed.

Although we use some pretty sophisticated online application software, I recently bought some seven different books on the topic from Amazon for about $300. 

So, it seemed that I was supporting his payroll and he didn't stay on the job daily to manage it, he went and did other jobs on a daily basis most days.  

@Travis Feldewerd That is exactly right, simply put, is a more sophisticated way to refer to the payments of the interests and/or principal of the loan for a particular period.Good luck!

Many hard money guys enjoy knowing that they can lend at 60% if ARV - foreclose - get control of the asset for 75 cents on the dollar after remodel and court fees...For a newbie to borrow money from a sophisticated hard money guy, who may be a shark in the business I described above, is not the smartest idea ever...I know plenty of hard money players; some in my family - never once borrowed that way.