If you’re committed to it, I would get my hands on the case number and read the prosecution’s statement before signing anything.

But each one of our plat we are prosecuting in that market is getting 6 to 10 offers on it from these top end new home builders..  

They all should be prosecuted (they are already outlawed).- The same deal advertised with 10 different pricesWholesale deals should NOT be advertised to the public.

But now a days the title policy will read to that beneficiary and any subsequent assignee's.. and Tim I posted the state of CA disclosure document we used for multi bene loans. so you can see that.what should happen in these multi bene loans is a document that allows the sponsor to prosecute a foreclosure.. if you dont have that each bene has to agree and that is were these get sticky..  4 investor say foreclose and one says nope.. keep in mind in the mid 80s in the Bay area our loan sizes were already 200 to 500k for HML.

Wealthy people lawyer up and prosecute when they are lied to and stolen from.

Indiana legislature needs to pass laws restricting wholesaling and the attorney general needs to investigate and prosecute all involved.

They realize that licenses and possibility of severe criminal prosecution isn't worth the risk.

The money was stolen by a third party (note: if they are arrested for the theft, you can seek restitution during the prosecution of the case).

On top of that, you'll incur legal fees and costs to prosecute the case to get a judgment.

Penalties range from losing rental assistance to prosecution and imprisonment.