It is true, you need to spend money and sometimes take risks but this isn't a risk, this is falling for a scam and being willing to take your partner with you because they think it will benefit them in the future.

The scam likely goes like this - they send you the cashiers check and you deposit it and it appears to clear.

This seems like a scam post...

With full disclosure and the approval of your Broker it is possibleHowever, there are some pitfalls :-You will have to hold the property for 90 days before entering into a purchase agreement as the FHA "Anti-flip" rule comes into play. 

Information for the guy that I'm working with is:Jonathan SurakCalifornia Finance Lender 60DBO-76030As soon as my financing is complete, I will submit an update to let you know if it is a scam or a good deal.

Dear Community;I have a rental property and the property manager is scamming me.

Warning Scam!

I am afraid it might be scam what they preach..

The benefit of having less equity in the property may later be accepted even though the equity in the property has been reduced and no longer available to other creditors.Equity stripping or skimming is a whole different animal and occurs when excessive fees are charged in a preditory lending scam, or where equity is transferred to someone who is to acomplish a service in connection with a foreclosure or bankruptcy, such as a promise to save the equity for a homeowner who is about to go into foreclosure.If you use a note and deed of trust to transfer equity as a method to reduce equity between related parties, you really need to see an attorney, do not take any such scheme off the internet or from a book.

So I'm looking into this Amazon FBA seller for possible passive income idea any thoughts, watch outs, scams to be aware of?