I m an agent who works with New Western and I would like to offer you an explanation, first we are the ONLY reliable wholesale market supplier who will show you everything at front, we offer a package ,this property package which is btw free ,has ALL the information for you to make an informed decision, but we are not an education center provider, second we didn’t keep your money and disappeared we helped you to get a deal maybe not a good one for you , that’s why is always good to either be a realtor contractor hard money lender otherwise you will ALWAYS be spending extra money on those people, we deal with savvy buyers and few times will deal with first timers and the reason we don’t deal much with unexperienced is because first timers need time and they are quite slow and our houses are gone normally in a couple of days if not hours now we SELL A PROPERTY every 13 minutes if we are that bad ask the another thousands of investors who uses us some monthly and we ALWAYS recommend to buy with a general contractor opinion or due diligence is on our contract.Reading your story is just a sad victimization of a poor decision and again we never advertise for the best deals just a deal if you don’t want it let it go and look for another one next day or so ,what for you was terrible for an experienced person not at all , there is always exit strategies BRRR DSCR buy and hold etc  one thing for sure you never loose in real estate maybe you make less and it’s fine onto the next ! 

Quote from @Denishan Joseph: Hey all, I received an application from a potential tenant.

This is why the numbers for line 19 in that worksheet back out the 32% minimum threshold ($182,100 for single / $364,200 for MFJ) from your total income.Problem solved, thanks @David M.!

Go to the McDonald's at 8am M-F on 150th Ave in Madeira Beach.

@Mayer M.

Hi Joseph, thank you for posting your response.

But they become defensive over their narrative to preserve their image which in turn helps them scam the unsuspecting.Like Joseph and Potipher's wife from the Bible, Run for your life!!

And an additional $600/m for 1yr and $200/m for yr 2-3 that goes towards purchase (non-refundable). 

but that's how they seem to do it.https://www.biggerpockets.com/forums/48/topics/1160450-run-i...https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/88/topics/1171104-the-m...https://www.biggerpockets.com/forums/48/topics/1137397-balti...https://www.biggerpockets.com/forums/48/topics/1159104-overl...

Quote from @David M.: @Alex HujdusThese are all great ideas for what they are calling "creative financing."