For awhile I had my eye on a co-op near the beach, but I didn't have the cash, and I was under this illusion that I couldn't get a loan for it.

They legitimately feel that it would be amazing to sell to us.While everyone just turns off their brains, and work harder instead of smarter just for that illusion: "see I did so much work,  it has to mean I am closer to the reward", but sadly it is all it is an illusion.I rather work smarter, not harder and have whoever that is motivated, come and find me, instead of me chasing them.

The idea that a 4plex gives you security for vacancy is an illusion. 

So the seller has no illusion that the optionee is required to purchase his property, he’s merely getting some cash for giving the optionee the RIGHT to purchase within a certain timeframe - IF he chooses.I think those that are both experienced AND well capitalized have a chance to survive with either of these two scenarios, or perhaps another that complies with the new rules in effect.  

I think HML started to market at PML to give borrowers the illusion of cheaper rates easier terms etc etc when that simply is not true in practice.

That said, I think the reason many building departments are so stringent with investors is the illusion that most are looking to cut corners for the sake of profit.

just curious, because ill use that method next time.

@Timothy Yang"immediate cash flow" on an investment property after putting 25% down is an illusion. 

However, the underwriters of the new carrier observed and formed the opinion that the previous insurer had undervalued their prior coverage; we suspect to give the illusion of lower premiums.Perhaps others have had better experiences with NREIG, however I cannot recommend them.

Yes, they are supposed to be politics free, but that is the illusion.