So you're going to commit bank fraud, I doubt you'll want to get caught, it's more expensive than a ticketthis type of approach is exactly why the VA loan is a trap, it makes people go crazy for an average bank product and a LOUSY investment product.

This sounds fun and exciting, but the time commitment really kills it for me.Forced appreciation through improved operationsI've heard many success stories from investors that have generated great returns by finding a commercial multi-family property that's underperforming and/or mismanaged.

They provide a teaser for what the property can churn upon resale, but it is imperative that one does all the DD upfront before committing to one of their properties.

Over two months of them getting their commitment, appraisal was good, inspection good, municiple and title search all set... they decide to accept a job offer 1000 miles away and back out of the deal.

Hi LaTara,PPMs are quite expensive, so you typically don't want to create one until you have investors (at least verbal commitments) and a deal under contract (or at least identified).

@Justin Nagy - Sure, if you want to commit fraud and have the IRS on your back. 

I'm kind of new to commercial deals....I contacted a commercial real estate developer and he wants to see a survey and a title commitment in order to consider the land that I'm selling...Is this common? 

Oh and rents do go down...just an example..https://www.biggerpockets.com/blogs/4430/53887-les...Leading up to the crash, Kevin and the investment group wanted to mitigate their risk, so they committed to purchase SFR rental properties for no more than 65% of market value.

In my opinion you don't want to commit fraud ever, but double so with a Federal Government entity.

It wouldn’t affect property tax assessments.....they are not based on the subject property sale, but on comps at the end of the year.The seller is trying to commit tax fraud.....the reason he wants to do this is because a title company must report sales proceeds from real estate closings to the irs....there is no “real estate” closing in this case, just the sale of an llc interest and he plans on not reporting the proceeds.