False promises and shady practices, I will be contacting the BBB to report.

@Erik Romo plan to sell.. don't plan to leave the seller with false hope.1) if your numbers are golden... no buyer should walk away from the deal.

Most of this is simply false.

Even as a brokerage, we occasionally have to deal with a false ad for one of our listed properties.  

Mistake #4: Overestimating the Rents I knew it was in a very desirable school district, but I failed to realize the importance of fenced in yards and garages around my area.I initially thought I could get $1500 for it, and used that for my BRRRR Calculator calculations for CoC returnWhat I learned: Look for houses with already fenced in yards and garages, and offer appropriately if they don’t have those.I was familiar with the street and neighborhood it was on, and drove by the property and saw there was still a bunch of junk everywhere.I signed the contract and sent it back to him.Mistake #5: Signing the contract before inspecting the property I knew I was supposed to walk through and inspect everything with a contractor to get an accurate rehab cost.I was too rushed in getting my first deal and seeing the property value below land value gave me a false sense of security.Honestly, even if I did do a walk through by myself, I wouldn’t have the slightest clue of what needed to be repaired and how much it would cost.

I want to make sure that it is true or false before I call him an idiot or tell him thanks for the idea lol.

No person shall, in trade, in connection with the sale or grant or possible sale or grant of an interest in land or with the promotion by any means of the sale or grant of an interest in land, -Make a false or misleading representation concerning the nature of the interest in the land, the price payable for the land, the location of the land, the characteristics of the land, the use to which the land is capable of being put or may lawfully be put, or the existence or availability of facilities associated with the land.”not qualified having the ability to pay as agreed is also predatory lending, you can get shot from that as well as Dodd-Frank, so exempt or not, follow the mortgage origination requirements. :) 

They seller falsely claimed they were not flipping houses.  

I think you'd be hard pressed to find a company that never does inspections.The carrier is simply trying to obtain an accurate assessment of the condition of the property, and prevent unscrupulous people from making false and/or exaggerated claims.

Usually when things are too good to be true, they are false