Look, Mark was pointing out that it's self-inflicted injury not some mysterious market factor, that's just reality of the math.

. :) Kevin, I posted a nice and more detailed response for you here but what do you know, it mysteriously disappeared. 

They could get a risk free return by investing in T-bills, so the delta between that RFR and what you're offering needs to be rewarding enough for them to pursue it.As for the 2nd part of your question, that really is a mystery :)The low interest rate environment always leads to these folks misleading people and mismatching deal operations, and sometimes even defaulting on the property and losing it altogether.Probably because a bunch of these syndicators want to be cool Instagram/TikTok influencers and throw up their arms and talk about how many doors they own, but what do I know lol. 

Credit seems so unfair, it's some mystery algorithm that impacts our life so significantly, oh and they can sell our data, and ++we're required to use it to operate in society!

It was money for me and mystery of renovation costs.

I do not put resources behind people that want to stay a mystery.

It's not a mystery that the intention was to essentially stop wholesaling.

@Tchaka Owen - so I’ve had mixed experiences with both Lending One & SIL, If the need came up again, i’d probably look for a new option... in addition to Lending one.Experience 1: Lending one, was preapproved for a loan on a new purchase & got all the way to scheduling the appraisal when a mysterious cap was put in place requiring a 60k per unit valuation (was never disclosed prior or even mentioned as a risk), they pulled out.

Just as examples:1) You drive by and see the grass is overgrown, making the house look abandoned2) You have a friend mystery shop your own house and learn the realtor is not returning calls3) You go looking at other properties for sale in that community and learn that your price is way to high for a 2/1

Seems that turning the dial made it colder and the ceiling fan mysteriously stated working.