I have also dealt with a small fund investing in residential real estate in US, China, France, Spain and the UK.

Listen to that man, he knows his she-at.Anyway, just wanted to chime in and say that the sub2 thing is taught as a way to do deals when you don't have money, and its possible to do things that way, but its a gamble and one you're taking with someone else's credit.

@Joe Kim  As long as you understand it's a gamble with a calculated risk and you are willing  to accept that,  then the only disagreement we have is one of individual risk tolerance.  

I've never done a deal with a seller who would be at risk, and gambling with someone else's livelihood is just not something I am comfortable with.  

I don't gamble.

Brittany Gamble was mine and she was amazing as well.After you close you can submit online for the first 10% initial draw to get the project going and order dumpsters or what ever you need.

To me that sounds like gambling.

You are so correct - Jason definitely has gambled; see link:http://lmgtfy.com/?

Do you not have copies of the monthly statements issued to me and if not please obtain such copies from Affinity's attorney.It is rather late in the evening in the UK, but tomorrow I shall address all your other points and share what I can about my claim as well as NREIG/Affinity's handling of my claim and post if you so desire the relevant statements as issued by Affinity confirming that the property was reported vacant and the vacant premium charged to me.Good night. 

Warranties are like gambling.