Some gurus (like Richard Roop in his Free and Clear Course) teach investors (among other things) to get interest-free loans from sellers of free and clear houses.I guess my (ethical) dilemma is not in the asking for and getting 0%.

I have some very trusted, ethical loan officers that I consider good friends that have to turn people down all the time.

Just because they shouldn't be there doesn't give you the right to steal them.But call me old fashioned - I guess that's the Realtor ethics coming through.

Real estate licensing forces those in the profession to conform to a set of ethical standards and gives the consumer the legal recourse if they do not.

Poor work ethics, drinking on the job, etc.If he does not finish you must exercise whatever stipulations that you have to resolve a breach in contract.Seek legal advice and have an attorney tell you what can be done.Depending on the state there may be a fund that you could receive damages from if he does not finish.I am no expert, but your contract should have been created by a lawyer or at least reviewed and include what you can do and should do in situations such as these.

To this point you have behaved in a 100% ethical manner in my mind.

This is a legal and ethical business.

@Brian Fouts @Adrian ChuYes, I definitely want to conduct my real estate business with a strong moral and ethical compass.

Also, as long as you are working in an ethical manner, I think the benefits far outweigh the drawbacks.

Becoming a member of the National Association of REALTORS® is one way to show you practice high ethical standards.