One could argue they are exactly the same...but the fact is they are not due to packaging, overhead, transaction costs, etc.

Incidentally the next tenant broke the globe on it - and the mirrored closet door - and the window - phew.....security deposits... they are your friends.

@James MaherA loan is non-recourse when the lender's only security is the property.  

there is an amendment to change financing type, mail in original package then have agent send amendment, check with your agent 

According to the American Land Title Association, the following types of loans do not have to comply with TRID:Home-equity lines of credit Reverse mortgages Mortgages secured by a mobile home or dwelling not attached to land No-interest second mortgage made for down payment assistance, energy efficiency or foreclosure avoidance Loans made by a creditor who makes five or fewer mortgages in a year And, in addition, 100% cash transactions (no lender involved) are also exempt.

You can always put up security cameras that record everyone going in and out. 

When posted the question,  I was more concerned with how easy/difficult it would be to secure conventional loans after having multiple mortgages.  

Hello I just completed the 3 day course and they are promising access to this software only if I pay the $25,000 and get the package deal. 

Im pretty sure no individual party will be able to secure a loan of this size.

From any investors whom have had experience with wholesaling high end homes please put your hand up and I would greatly appreciate your valuable time in giving me some friendly advice.My question is:  What type of earnest money deposit will 'me' the wholesaler have to put down to secure the deal with a motivated seller of a home which is over $500K and reaching to $3MM?