Make them your bank and essentially you are paying back a loan to them.

It’s essentially a normal home purchase at this point with the difference being the assignment contract and payment for the wholesaler.

So with that in mind, would it be smart to use one of these companies to refinance if I may end up going to, let's say, my local credit union and taking a second mortgage out on my property to use to finance another one, essentially refinancing twice within a relatively short amount of time?

For example, Caliber Home Loans offers the 203k program and their own in-house version of it (I believe they just call it a Construction Loan) that essentially works the same way but there is much less red tape.

the big problem with turnkey is you are essentially paying someone to BRRRR for you, sounds good, but I average 30-40k in equity per deal and I outsource 100% of the labor. 

It is usually essential to continued success (unless you are simply that lucky).It can take a local a lifetime to understand a market, and sometimes more than a lifetime.But does an investor really need to know each and every little thing to be successful?

No one will buy the property, and the lender is out the money they loaned.The lender would essentially be the only one losing money in this scenario. 

And, it is going to be super easy to get another human being to admit they have made an error, which is essentially what a reconsideration of value is right - the appraiser is dumb and the loan applicant is smarter right?

We DO have to 'give up' 50% of a deal this way, but we also make a great return for our time and essentially have people  'lined up' to partner up with us on these as fast as we can find deals that fit the method and numbers.

The wholesale prices are essentially MLS retail prices right now because the supply is so low.