Let's pretend that IO and amortizing loans came with equal interest rates.

That's called "extend and pretend" then eventually "delay and pray."

That's all wholesaling is as it's taught in these programs, it's brokering real estate except instead of being up front & telling the distressed seller that you'll sell their property for X amount & take X amount as your commission / fee you are taught to lie to the seller & pretend you are going to buy the property while you secretly attempt to "assign" your contract.It doesn't work.

If you don't like the pretend 'laws' laid down by the Association of Realtors, don't join!! 

I'm not going to pretend that profiteering doesn't exist nor isn't a problem, but CA isn't solving any problems with their current legislation hopefully OR is doing better.All of the grants CA is pledging for low income housing just allows developers to create non profits, force cities to let them build monstrous apartment complexes, hold them for a few years and then sell them to a for profit entity for a depressed value based on the limited income.

Real estate is a sound investment and may not be very likely to crash,  but let's not pretend it can't... 

The property was in investor status, so I didn't pretend to be an OO.

He had ben doing "pretend" for years had it all figured out and felt that he could replace his total income DTing. 

Unless of course our illustrious leader has suddenly become Machiavellian after multiple foreign policy debacles and convinced the Saudis to put some pressure on the Iranians, so they will actually negotiate nuclear issues rather than to pretend that they are.  

The illustrations are very detailed, but I don't pretend to understand it fully, and the proverbial, "If it seems too good to be true it probably is." comes to mind....