In reality, they're just broadcasting that they have no experience. 

Maybe you like the risk, but good and great investors don't try stuff like you suggest.Although @Dan H. states some good new legal points, the reality of this is closer (IMO) to what @Bruce Lynn is projecting.

It should go without saying, but I do understand when you're new to real estate expectations can be out of line with reality --- if you finance 100% of a deal you will not see any money out of the deal for many years and will be putting money in for many years.

JulianTurning investment visions into REALITY in Omaha, NE - Ranked as the #1 City to move to by Forbes Magazine.

I think everyone has the right to transact that whatever level they want to.what happened here is that you had new investors getting a marketing message that is so far from reality.. and once they get in the game reality starts to hit themadd that to a ground partner that did not execute. 

The legal action is against people who have no intention of closing or no ability to close the purchase tying the property up with the seller believing the buyer will close when in reality the transaction will only close IF the “buyer” finds someone to pay more than he is paying.  

The reality is, your equity is what you are paying for your property. 

is.... well it's idiotic, no 2 ways around that reality, it's dumb squared.

Or if your going to go into these areas its basically for life and that is OK but its generally not reality. 

Most people will go the 8% but reality is you will make more money on the 6%.