My real estate attorney cautioned me to be careful and with the new laws in Washington state, involve a real estate professional (attorney or licensed broker) in some part of the transaction, which would satisfy the law's requirements and make it legal.Where are all of the full time wholesalers chiming in on this post defending themselves?

But given that there are people who've made tons of money using them, you are always going to get passionate defenders of them.All that said - back to the OP ~Any real investor (cash buyer) that I know will take a deal from a wholesaler if the numbers work.  

From all the research you did, you seem like a very intelligent woman capable of making and defending a position. 

Also, most commercial policies will also defend the owner of any Named Insured. 

That is the only reason you are here defending your online image. 

In the most recent case that @Bill Exeter is citing the exchange was not disallowed because the defendants intent when he purchased his property was to sell not hold.  

--I would probably also be listed under the Owner's insurance as "Additionally Insured". but have your own insurance agent..don't fully trust The owner's agent as they're probably more interested in defending the Owner of the property.

@Matthew Fortune Title insurance would not only cover your loss, it would cover the legal bills required to defend/prosecute your case.This is a no brainer in the REO scenario.

And these returns do NOT add back commissions - they are net of commissions, carry, etc..We expect this new one to be even better.It has hair - defendant represented by a chop shop law firm, so they will extort us - but we planned for it.

I have only had to go to court 4 times (they usually move out before) and the defendants have only appeared at 2 of those.