If you think properties are available at a 30-50% discount you've listened to the guru's fantasy pitches and need a good dose of real estate reality.

Whenever I think Whitehaven rd, I think Fantasy Island, lol.

It's a delusional fantasy for a rookie wholesaler.

If you can make the properties cash flow after you refinance, you are on the right track.There are many markets in the US where the 2% rule is a fantasy.

Finding a $30,000 homes that is move-in ready AND doesn't have any code violations AND is in a low crime areas AND where the listing agent agrees to take 20+ pictures AND guarantees in writing that there are no existing OR PENDING code violations AND puts my signs in the yard AND (BIG AND) the seller accepts 25-35% of list price is a fantasy fairlyland promise that ignorant newbies like me fall prey to.  

Money, notoriety, fantasy of self worth.

It's difficult to fully grasp the scale of this beast, but the FAQs provide some interesting context:Personal Property & Transportation AssetsAlthough the extent of personal property to be included in the sale has yet to be finalized, it can be assumed that all ferries and certain vehicles presently used by the fire and safety units on the island will be included.You know you're playing with the big boys when someone throws in ferries as an after-thought.Let's play a game of fantasy real estate development!

and then there's the humbling reality, I didn't make many fantasy teams last week!! 

I realize that a mortgage is much more complicated and much more regulated than a business credit account, so it is probably a fantasy...

However I wanted to hear from the real world investors ar BP to see if I was living in a fantasy world.