He was pretty technical from the very start and understood all the repairs very well.

I talked to the broker yesterday, and neither she nor the operations manager understood why it is an issue.

Institutional investors have long understood the merits of this asset class, and relied on it to gain stability that balances market uncertainty.

lots of rabbit holes out there and what I call due diligence pump and dump scammers.. prey on mid level developers who have never gotten one of these loans.the borrower falls for the 5 to 20k up front fee to perform so called due diligence and the so called lender never closes.I have seen colleagues of mine blow through 100k looking for CHEAP money when they should have just under stood this kind of money in the Private equity world goes out at 10 to 15% apr period unless you have a local bank that will do it like I do. but even then its one project at a time and uber cautious.. they don't want to go back to the bad ole days were they ended up owning pipe farms.. and they generally will only do these with who they determine are their top tier clients.. you cannot in our market be unknown to the bank.. unless your have that monster balance sheet.but in my mind Socal is ground zero for this kind of money.. 

However you decide to work it, make sure it is understood (in writing) that if they DO NOT purchase, the option fee is NON-REFUNDABLE.Good luck.

I am just learning about wholesaling and I wanted to make sure that I understood the framework of the process.

Is it understood by the FHA that the service member has little to no control over their PCS or PCA?

Understood a lot from the article.

I understood that I would be reimbursed and no upfront funds provided. 

I understood the indifference defense in NY to be no lender movement toward foreclosure for at least six years after the last missed payment/late fee, etc.