My group tries to buy deals from wholesalers, but it often becomes more work on our end unfortunately...Pro= Someone is bringing you a deal and if done correctly, much of the upfront heavy lifting has been done (research, analysis, etc.)Con= It's challenging to find a true wholesaler that:1) Actually has a solid deal under contract 2) Is not just passing along an email from a broker 3) Is not working with other people along the way- ultimately forming the mysterious "daisy chain"4) Is not greedy and not asking for an outrageous fee

None of us are Macro traders so worrying about rates vs inflation ignores how we all plan on making money; through the four wealth generators of REI.

That said, I couldn't agree more that they are getting greedy with their fees and it's unfortunate. 

8% sounds quite greedy to me.

Those who use hard money and pay high interest and points, hand off a significant portion of their profits to their greedy lenders.

Maybe I am a bit greedy but I would like to be in the four hundreds.  

@Virginia Reasor, we all start out wanting to be nice in this business because who wants to be the stereotypical mean and greedy landlord we've seen in the movies, right?

I have the same issues when I invest in equities and its been a shortfall that I've had to constantly work on through defining my investing process and sticking to that process so that I don't give that little greedy voice an opportunity to rear its head. 

It is silly to be done that way, but I guess the banks feel like they have a better chance to make money like that.Makes sense I guess sometimes a bank can try and get greedy during the foreclosure/auction process and then realize they need to come down on price after it doesn't sell.

Why get greedy and increase your risk?