There is nothing wrong with wholesaling.The problem is it lends itself to some unsavory behavior from some questionable types.Used car dealers have the same image problem.

I was commenting on the difference between the max 15% tax on the investor that holds for over a year renting or the flipper/dealer that has up to a 35% liability.

FB has certainly done their homework with how to appeal to human emotion and desire.

Mattresses are a tough spot, I ended up going to my local Sleepy's dealer, but you're right I had to negotiate to drop the price of my bed $350 dollars.Here's the Deal that occurred 4 years ago:Product: Queen Sleep Series 400 with split-box frameMSRP: ~$1800Negotiate $350 off, 2 free 1 <3 My Pillow pillows, pack of sheets.

ReyThanks for responding.You appear to be selling what can only be considered 'real estate' or an 'investment' or probably more accurately a combination of the two.Why not procure the proper registrations for your firm, either as an investment broker/dealer or as real-estate broker, or both?

First buy the most inclusive insurance possible, make call to police telling them that you are living in "your address" and you are reporting "insert local drug dealer name" for drug dealing at "location".....await firebombing from local dealers, squatter runs for his life, collect insurance.

If they bought the dirt to put it on and then went to a trailer dealer, how much would they pay.

.-- Allowing a suspected drug dealer to continue living in a unit (The eviction process has extended to 3 months!)

Not a good place to be, but reputable broker dealers will affirm that the note is a valid and properly secured obligation.

Provided that the issuer of securities does not otherwise have knowledge that such person is not an accredited investor, the issuer will be deemed to have taken reasonable steps if:with respect to purchasers who are accredited investors based on income, the issuer reviews IRS forms that report revenue (W-2, Form 1099, Schedule K-1 or filed Form 1040) for the last two years and obtains a written representation from such person that he or she has a reasonable expectation of reaching the income level in the current year;with respect to purchasers who are accredited investors based on net worth, the issuer reviews bank statements, brokerage statements, other statements of securities holdings, certificates of deposit and/or tax assessments and appraisal reports issued by third parties in order to verify assets, a consumer report from at least one of the nationwide consumer reporting agencies to verify liabilities and obtains a written representation that all liabilities necessary to make a net worth determination have been disclosed (all information reviewed may not be more than 3 months old);the issuer has obtained a written confirmation from a broker-dealer, a registered investment advisor, a licensed attorney or a CPA that such person has taken reasonable steps to verify that the purchaser is an accredited investor within the prior 3 months and determined that such purchaser is an accredited investor, andfor purchasers who previously purchased securities in an issuer’s Rule 506(b) transaction prior to the effectiveness of Rule 506(c), a certification that such person is an accredited investor.A simple Google search has a bunch of third party verification services.