NO MONEY DOWN SHORT SALE BUYING SEMINAR

NO MONEY DOWN SHORT SALE BUYING. IT IS TRUE. I DON'T LOVE IT, BUT AM OBLIGATED TO GO OVER THE SUBJECT. BE CAREFUL AND KIND TO PEOPLE IF YOU MAKE MONEY THIS WAY. PLEASE DON'T ASK ME FOR HELP WITH THIS ONE, I DON'T LOVE IT, BUT YOU CAN MAKE MONEY DOING IT.

Category:

Howto & Style

Tags:

• SHORT
• SALE
• FORECLOSURE
• PROFIT
• MAKE
• MONEY
• BUY
• SELL
• TAMPA
• MIKEKTEAM

[TheRicePatty69]

Congrats on your second chin!!

[perlaand]

@pablocastillo I'm wondering where can we find an investor to buy for $75k what you bought for $50K without any money down. You must have seller and buyer aligned and waiting for you and for the particular property you are flipping which seems to be quite improbable. Too easy to be true? Maybe it is. I'm also wondering on all these gurus selling "how to make money" techniques instead of apply the technique they preach on! Hum...

[pablocastillo]

The best way and most legal way to do it is to sell it to an Investor at the same price your getting it but make a contract with Investor for the difference outside of escrow.

Example: You get Short Sale approved at $50k but you have an investor that is willing to pay $75k you will sell to investor for $50k and just collect the difference from Investor as a referral.

You just made $25k.

[pablocastillo]

This is called a Double Escrow, Its illegal i California, Your basically defrauding the bank.

[GEORGEZNEMETH]

this is what my roomates' brother did during the boom..he's doing it now, too. With a great return, so it's not so bad...this will be my next move!

[andyscorner101]

1- If you read the papers and watch tv, you are advised, as a seller, not to sign your deed over. Who advises that? AG offices mostly, made up of lawyers. Who solicits 4closre biz? Lawyers. Hmmm

2- If you have the deed, and record it, you have violated the Due on Sale Clause, which means the bank calls the note in, period.

3- If you have the deed and do not record it, the signed deed is worthless, because the owner can sign another deed, and another, until one is recorded. That one counts

[billyboy630]

Wow thats it ? This is awesome. I am going to try it today. LOL

[IInnaLA]

lol, u r so right! they make money selling all these Hows that r worthless!

[Punit29]

To all consumers:

This so called "self made millionaires" make most of their fortune by selling this "obsolete techniques" videos on seminars around the country...but don't get me wrong there is money to be made in Real Estate, if you have the money to invest.

[Punit29]

wow what a whole bunch of crap.

First of all, no home owner in his right mind will deed his/her property to you (have you watched the news lately?)

Second of all, Banks are not stupid. They are not going to short sale you the property for less than the current market value. Have you heard of Appraisals and BPO's?

Dude you have no idea what you are talking about