If he's vague, evasive, or won't answer your questions, be suspicious.

I've heard of bank officers telling an investor to do similar practices to get underwriting approval, but I've always thought it was fraudulent whether or not a bank officer was involved.Tax evasion is a serious offense that does get prosecuted. 

There are plenty of other places to rant on social security fraud and tax evasion.

The failure to pay must be characterizedby deceit, evasion, false promises, or otherdistinctly culpable circumstances indicating a deliberatenonpayment or grossly indifferent attitude towardone’s just obligations.

Yes, buy it and then sell it.Taking money outside of closing and not disclosing it on a HUD is a federal violation, it's also tax evasion, filing false tax reports for you and the other two parties.  

the agent is really only loyal to the seller and she is very evasive and full of bs ....and she keeps repeating the mantra:..just never do what the seller did - a huge mistake, -  having a reverse mortgage...

If they have other customers, they should be able to guide you to where and what type to buy.Sorry to be evasive, but I think learning more about the types of properties will help answer your own question.Good luck.

First of all, it's tax evasion if you don't.

I am by no means a lawyer, but wouldn't that be tax evasion?

They are shutting down large grows when they find them and turning over the operators to the IRS for tax evasion but I have not heard of them seizing and real estate in the process.