The loans are purely asset based.

Also, it's pure speculation and very risky because, not having the financing, you will be forced to sell upon delivery, even if the market is down.

We supplement personal properties with pure investments.

You'll see that the vast majority of murders are all clustered in mainly one or two general areas-guess what-those are also usually the best areas for pure cash flow and a good number of investors make great money in those areas!

From purely a legal perspective, I agree with Account Closed comment "You are getting only half the story here, and wholesaling is complicated.

On a pure appreciation play you do not buy at the top of an investments cycle.

@Sam Elder  turn key is simply a moniker there Is nothing special about this.in reality its the business of owning rentals.. how you come to find those rentals is a moot point.Not exactly sure what Ben and Serge's pod cast was describing.. however any rental will have cap ex over time.. turn key is not immune from this.the only properties that will be limited to cap ex are when you buy new construction and you have tenants that are pure as the driven snow..

Looking back, it would have been a MAJOR mistake to flip that property, not only because it did no help meet my goal but also from a pure monatarty evaluation it would not have been as good as holding it.Now back to the choices you presented.  1st option: 400k initial buy plus 110k rehab total cost $510k.  

From a "guru" perspective, I'm sure the answer would be the qualitative as well as the quantitative value of a real estate asset, as opposed to it's pure market (quantitative) value.

This is purely hypothetical for me.