I would never cut a wholesaler out if they brought me a deal, but I am very suspicious of any wholesaler and their deal when I do encounter them. 

So I've been trying to setup some bridge stuff lately and running into lots and lots (and lots and lots and lots) of obvious scams. 

Inside the industry "FHA/VA" are lumped together frequently.A day 0 problem I encountered when I left the bank to become a broker was that sometimes consumers thought my VA/FHA was a "red flag" b/c it was "too low." 

Here in CA, a contractor can not change a deposit on contract signing of more than 10% which can not exceed $1,000.As a contractor, yes, I want a client to have some skin in the game and not be out of pocket too much on any job but I also understand the client also wants to be protected and not have to risk any contractor collecting a large deposit and then running off never to be seen again (a common scam in the industry).In this case, the contractor is asking for too high of a deposit which is a red flag to me so I would either ask them to reduce that deposit or find another sub for this service.

Hey folks, If your home encounters flooding more than "infrequently" this article may be of interest for you.

Is a scam, dude.

Also be aware there have been major scams in the Indianapolis area with Morris Invest and Oceanpointe Property Management.

Has anyone ever encountered this before?

Might not be a scam, but looks like a waste of money.

But when it comes to "we'll teach you everything about real estate" packages, soup-to-nuts, zero-to-hero in three days, it's always a scam.