It's a way of a landlord shaking down a tenant, wherein they'll collect funds for "damages" but never repair, or repair for a pittance, the "damages".

During the week - 3:30 am - wake up  (and do all the wake up stuff)...drink my morning shake (breakfast)~ 4:20 am - stop at post office & pickup company mail from the PO Box~4:30 am - arrive at gym...spend 30 minutes reading5:00 am - gym opens.  

@Tony WooldridgeHave used a ton in the past, just put together a nice procedures doc and walk them through the process.I've never had a problem, except when I don't have work they are constantly shaking me asking for something to do.

How did this shake out for you?

If you are bored of buy and hold investments, shake things up a bit.

Though higher than conventional loans in some instances, I am gladly paying these rates because I can get money by a phone call--basically a hand shake.

At this time I am not looking to take advantage of a loan like this because I am moving out of state and as a recent college grad have more debt than you can shake a stick at.

I've had 3 calls today though with foreign investors who are putting the breaks on purchases probably for at least 6 months til they see how things shake out.

I'm guessing that because the couple file taxes as married/filing jointly, more red flags would pop up in the IRS system than you could shake a stick at.Seriously, I have no interest in scamming the IRS.

@Mohammad Haidarasl and @Selton Shakes Jr I know it sure is frustrating when you are starting out!