However; it's very rare to get that if you don't have any kind of track record, as they are gambling that you're going to get a construciton loan and be able to build the project at the price you say you can, and finish it in the time frame.

There was some research on this think it was Zillow article and Facebook IPO.If I remember right a few neighborhoods saw a slight increase...I wouldn't buy a house looking to sell after IPOs...if you want to gamble buy stocks or go to the casino.

One could also take up such activities as gambling.

One time, the credit card company claimed that some of the charges were fraudulent!

I mean its a bad market, and you gamble with depreciation, but never that.

What I am consistently finding is the purchase price is inflated fraudulently so the loan is given to a property that does not have the value on the contract.

EVEN IF THE LENDER IS PAID BACK when the loan is sold on the secondary market and the secondary buyer's examiner finds the fraudulant second and they make the originating lender repurchase the loan who in turn charges back the commission to the broker - people get hurt even if the buyer continues to make their payments on time.

thread: "Quote: But anyone who thinks that appreciation is going to bail them out of a low or negative cashflow situation is gambling, pure and simple.

Get a HELOC, then quit claim it, in a short period of time will show intent, that's also intent as to bank fraud, lie about the use of funds, the use of collateral or your real intent is plain fraudulent. 

I think you would be buying for appreciation which looks good right now but is a major gamble.