I was so furious that I almost walked but my wife talked me out of it, reasoning with me that the $3k I ended up having to come up to secure the house was a rounding error in the grand scheme of things.

Subject To" is legal when done legally and wisely, but "legally and wisely" is not what I'm seeing happening in the creative financing space right now.In light of your perspective, I kinda agree.There very likely will be a bit of lawsuits and even legislation that will be in acted as a result of unwise students who just see this as a get rich quick scheme and the latest toy.As you said, “legally and wisely,”and for many this is like giving a loaded gun to a toddler.This is why I said in a separate post that this industry as a whole should be run more like the “real estate professional business,” 2 years under a broker before you go venture out on your own.However we don’t blame the hammer for an incompetent carpenter.The tool itself is valid.  

., Sept. 25, 2023 —The Securities and Exchange Commission today charged Matthew Motil, host of the podcast, “The Cash Flow King,” for fraudulently raising approximately $11 million from more than 50 investors in a Ponzi scheme involving notes that were purportedly backed by residential properties.According to the SEC’s complaint, Motil, of North Olmsted, Ohio, defrauded investors with promises of low-risk, high-return promissory notes purportedly collateralized by first mortgages on homes located throughout Ohio.

A 'genius will tell you to do whatever they think is allmighty great and pay for their asset protection book BUT don't do conventional loans if you have to follow these schemes. 

If a requested modification imposes an undue financial or administrative burden on a local government, or if a modification creates a fundamental alteration in a local government's land use and zoning scheme, it is not a "reasonable" accommodation.Discrimination in Housing Based Upon Disability -- Accessibility Features for New ConstructionThe Fair Housing Act defines discrimination in housing against persons with disabilities to include a failure "to design and construct" certain new multi-family dwellings so that they are accessible to and usable by persons with disabilities, and particularly people who use wheelchairs.

Zhong executed a sophisticated scheme designed to steal bitcoin from the notorious Silk Road Marketplace.

Maybe Zillow is a money laundering scheme for Los Zetas or something...

In the scheme, the criminal: Searches public records to: Identify properties that are free of mortgage or other liens.

Here are some reasons why it's important to follow the tightly written lawsSubject To & WholesalingSubject To - Attorney General sues couple AND their LLCs for equity skimminghttps://www.biggerpockets.com/forums/311/topics/1140730-subj...Lessons learned from wholesale deal turned into lawsuithttps://www.biggerpockets.com/forums/311/topics/363982-lesso...Scammer sentenced to 20 years for real estate scheme - Can wholesalers be charged?

This not a “get rich quick" with "no money"  scheme.