If that is the case in your market it is more of a traditional pyramid scheme in that once that foreign money runs out or the local investors tie up their capital, or the prices get too high where cash flow markets stop working (looking at you Cleveland), than at that point the demand drops.

This action is called "Pyramiding".

The CEO or the execs are at the ones making the big $, that looks like a pyramid to me.

I have no doubt like all MLM style things.. the few at the top of the pyramid make HUGE money and its more FAR more than 30k a month.

Essentially, you are pyramiding your wealth, but when you partner with a conventional bank, you are building your empire on the sand, and not on the rocks.

If he has no money, you're going to end up a part of a pyramid scheme where hes using your money fo other projects he may be doing and then not paying his subs for your project.

We used to teach years ago the cashflow pyramid.

Pyramid schemes are illegal in the US and eXp is NOT a pyramid scheme nor does the "little guy" foot the bill.

Like all the things that make agents want to join EXP, low cap, and that the cap gets paid to other agents in their pyramid is the exact reason its a bad imvestment and why they are losing money. 

Comparing this debt pyramid strategy for wealth building (investing) to Whole life insurance (investing) is comparing REI to a convoluted method to buy Stocks.