The property is a 4-family house in Montvale NJ.

When I arrived I wasn't able to find a home, but I was able to find a house to rent a room from.

You’re simply using some of the money you’ve already saved for your purchase to show the seller you’re committed and serious about buying their house.

That is the main reason.. so they can low ball and make large spreads .. or withhold facts on the house and get their assignment fee and move on without much risk.

Hi All,I’m a Partner at a Manufactured Housing Investment Syndication firm.

They were told by their lawyers when they sold the house (after things were fixed), that the did not have to disclose the problems as they were fixed. 

End goal is get into the commercial housing and industrial.

The guy who claims he is the country's biggest wholesaler and has a "community" says in his video from yesterday Dec 31 (search #251 Wholesale Hotline | LIVE Real Estate Investing Q&A if interested in his "technique"  start at 0:39:00 that the most recent transaction he did Was bailing out a guy in foreclosureGuru "bought" the house for $375,000 from the guy in foreclosureSold it back to them for $498,000 with a 6 month buy back option periodSeller had to give him $20,000 for the optionSo, guru will make about $148,000 on the transaction "Never been to the house, never had to lift a finger""No renovation, the guy is still in the house"Is this the kind of thing the new Oregon law is intended to address? 

Yes we are all in house.

Something I forgot to mention is I’ve been in the house since 2017, so the 2/5 year rule shouldn’t matter.