Because I had success in the former doesn't allow me to assume that will be the case for every subsequent claim.

What guarantees or assurances can you provide the private lender that with each purchase, there are no additional hidden, unrecorded or other liens and title defects that could be discovered subsequently and that could materially erode any initial estimated equity or profit?

I had my agent add back all the "crappy" pics... to the end of the slide show.

Then, without any subsequent offers the house goes into foreclosure, would you still argue you did you fiduciary duty?

Account Closed I can't speak for everybody here, but criticizing a poorly thought out idea and subsequent analogy, doesn't equate to personally attacking you.

One of the biggest reasons is that at the closing table usually all parties will be present which means everyone will be on the same page with what's happening.Compare that to most double closings, where the investor/wholesaler usually tries to keep the owner in the dark as to the subsequent closing and real source of funds.

Subsequently, the mortgagee would likely foreclose on the HOA and send it to Sheriff's sale.

You could do DIY for SUBSEQUENCE Land Trust/LLC but you MUST know what you are doing.

He doesn't know what he's doing, and has managed to slide with his cute personality, singing his way along, going on talk shows.. but there's nothing there!

But I think the last bubble and the subsequent crash is the 100-year flood kind of scenario that is highly unlikely to happen again in our lifetime.