Regarding “Fraudster” – I believe we’ve crossed paths in a few events or calls, and I’m familiar with your name.

I imagine you may be in for a surprise here in IL with how real estate is transacted.

If you are cash poor, and can recoup cash from this transaction, it will give you some ammo for the next deal that is going to come in the next 12-18 months.If you were using the space, that would be different, but if you're looking to rent it out, and are stuck without a tenant, you become even more cash poorGood luckGino

They are pretty easy to do transactions with.

You’ll also pay transaction fees disposing the asset, likely in the $40k+ range.I don’t think you have a clear-cut answer here, but you’ll need to rack up all the financial trade-offs to make an informed decision.

These platforms do not get involved in the transaction beyond the connection, and so any liquidity options and investor may have are simply what that sponsor has or has not offered in that individual fund/deal.

At the end of the day, the sellers looking to transact in creative finance transactions are normally the owners of real estate that cannot sell easily in an arms length transaction or are gouging  the buyer on price.

Pros- flexible underwriting criteria that will only look at the transaction and less at your personal financials. 

Fingers crossed.

The general reason (avoiding any personal thoughts on wholesaling as a business) is that when you have a license, any fee you get for transacting or assisting in real estate must go through your brokerage and they must take their percentage.