Jason, I would have to say that is one hell of a coincidence, but more likely, your investigations uncovering the details and the threat of getting the agent in trouble IS why you got an instant call back!

They feel that CA prices will likely increase and when they do, at a rapid pace, therefore, they are willing to pay these lower spread, higher prices, rent and hold for as long as it takes, taking negative cash flow along the way until that payday comes.

With flipping I figured I would have pay day at the end of the flip to repay them sooner and quicker.

I have come across "shady" agents before but those are always the "pocket" style listings or reos that are impossible to get into and then sell almost instantly and more then likely to that agents buyers or friends.

When you move out you instantly gain another rental and the cashflow that goes along with it.If you're living in it then you don't need to hold in an LLC or Trust.

Since I am actively networking, I had a list of about 10 people I knew I could instantly sell the deal to.

Just aren't sure if it's a smart buy even with the instant equity because it has been difficult to sell and IS on a fairly busy street.

I told him that it gives me an instant headache and that I only have one lung.

Buy with instant equity so I have options.3) Have many options to do with my time and funds.

When someone asks me that, I instantly think of a higher price.