They're simply unlicensed real estate brokers gambling that nobody in authority will find out that they're ripping off the public.Do all the back flips you want to try to rationalize what wholesalers do, but no matter how you slice it, defrauding people of their equity is a shameful way to make a living.

It seems there are some buyers who are gambling that rates will be lower in a year, so that when it comes time to refi, they'll be ok; I don't know but am guessing those are people using OPM and charging fees along the way.

Hey BiggerPockets community,I'm thrilled to be a part of this dynamic community of real estate enthusiasts and professionals.

Our client would have been thrilled with the outcome and could have since transitioned all her properties to medium-term rentals.

That being said, buying for appreciation can often times be gambling basically.

It's an exciting journey, and we're thrilled to have you along for the ride.

Discipline keeps us moving forward with quiet determination day after day while motivation and its inspiration is powerful, yet fleeting like the strike of lightning.So why do we cling to the thrilling but unreliable highs of motivation while procrastinating the unglamorous yet steady practice of discipline?

Don't get me wrong; there are plenty of issues/problems/quirks that old houses have that new houses don't, and an old house can obviously have hidden problems and big repair/maintenance bills too...but, the point is: a brand new house is not a foolproof solution to repairs/maintenance (and in some cases, a brand new house can be a much bigger gamble than an older house).This is a particularly important lesson for inexperienced investors, who tend to be the most prone to "shiny object syndrome" (the tendency to let nice aesthetics distract from real, underlying issues).

Only see what it has done and that isn't saying much in the markets I gamble on.

If you want to invest in Boise and are trying to time the market in expectation of a significant correction, that is a gamble.