A wholesaler does not have any of these things.There are far too many reasons that differentiate a licensed agent vs a wholesaler.The moral of the post was for newbie wholesalers to stop calling themselves investors.

As a wholesaler if you don't tell at least 3 lies within your 1st two deal you won't be allowed in the wholesalers club.... j/k :-)Here's my nickel of knowledge: Whether its a little lie, big lie or slight bending of the truth, if you feel it compromises your morals to the point you can't live with yourself then by all means stay clear from it.

Moral of the story, if your name is not on it, or you don't have proof that you reimbursed the cost, it won't be allowed.

It is important to interview them, morals, ethics, and more to make sure it all aligns with you. 

Hey kellyI am in the same predicament.

Everyone needs to decide where they draw the line legally, morally, and ethically.

But I would like to hear some feedback wheather this can be done anymore, if its legal on paper and morally?

@Anthony Pascual As a fellow Californian, I understand your predicament.

Hi @Haidee HammondFirstly, as an Irishman living in Spain (Madrid), I can completely emphasise with your predicament above.

The moral of the story here, is yes, a Mortgagee can work with and encourage a Borrower to refinance but there are limitations and proper ways to conduct yourself.