I would say that your question is similar to asking if you should paint a house you are trying to sell in bright colours.

If I were not planning/scheming to buy more property I may well have stayed with the 15 year repayment period loans.   

Too many young people are saying things like this as get rich quick schemes, but you can't flip houses without money and without construction experience.

He was just using that "guaranteed funding" scheme to get people to sign up.

So, if you areed to pay Y but raise it to X simply because the appriaser agrees that it "could be" X does not make it X and the real sale price is what the lender relies on to establish the loan to value, to assess their risk, to insure their portoflio, to set loan loss reserves...etc.Now, some government loans (FHA) actually allow a price to be raised, but only with the amount being disclosed and known from the real sale price and with the appraisal covering the additional amount (like closing costs) this is entirely different than the scheme outlined above....Bill

There is alot of CYA in lending, if you're going to be in lending you need to accept the risks, nothing about your affidavit there Hans, but I've seen alot of disclosures and paper work as well as schemes by lenders trying to avoid issues.

I have had problems with contractors also...specifically, when I had a reputable plumbing company do some work in my home and a defective pipe fitting failed...the contractor that I hired to do the reframing and remodeling tried to get me to join him in a scheme to scam the plumbing company out of money during the water damage repairs.    

As much as I like the looks, it certainly does reveal dust and blemishes easier.Here's a scheme I really like, and want to try because it gives a dark modern look while most likely hiding some small particulate a little better.This stuff is pricey, though.

According to a June 15, 2011 Associated Press article, Lapre was indicted by a federal grand jury in Phoenix, Arizona, on June 8, 2011, on accusations of running a nationwide scheme to sell worthless Internet businesses.

Glad to see you are looking at real estate, I would suggest to not look at this as a get rich quick scheme, this is building wealth over time.