I have never met a California investor that has done a simultaneous closing with a title co involved in the last 5 years so Will was probably talking about CA.Most of the deals I wholesale are to other sophisticated investors who have MLS access too.

In other words, are the buyers or sellers sophisticated enough to understand the risks of a financial arrangement if it is disclosed or should something be disclosed in the first place.

She moved to Vegas got a $10 per hour job at the casino Sec 8 pays for her 4 bedroom house she rents in a gated community, swimming pool, workout room, sunken living room and gas fireplace.

Our members are sophisticated enough to expose the frauds.

(Obvious I don't know your taxable income to make that call.)If you withdraw, you do have alot more flexibility investing with non-qualified funds, such as optimizing with leverage and having access to much better financing terms/rates, that can give you a substantially higher ROI than you might achieve in a retirement account.By pulling funds from the IRA/401K, you have also walked out of the casino of guessing on current vs future tax rates (with $100 trillion of federal liabilities, tax rates are quite conceivably going UP).

Right now i don't know much about commercial properties here in central Ohio but i know their are alot of empty of them here and one would think there has to be a way to make alot of money specially on the west side of columbus cause a new holly wood casino just open this last year.

As a result the note buyers, sophisticated or not, are paying more for paper than I am willing to.

But, most sophisticated long term investors only allocate small portions (less than 5%) of their portfolio to these low (or negative) expected return assets in exchange for their diversification and downside risk benefits.Now, multi-family housing and storage units are a little different.

You mentioned "if people just invested near the bottom" ..a lot of sophisticated investors tried to invest at the bottom and lost a ton of money.

In fact, it shows over capability and proof you are a real player when you do so.Dealing with private sellers could be a different story and now that it has been mentioned, a POF should not be needed in such a deal, most are not sophisticated enough to ask for one.