westphalia1: What if Dean Graziosi (the real estate guy) is’nt all wrong?
Has anyone ever tried any of the real estate to wealth programs without paying for a course? Has anyone become successfull in real estate without using their own OR OTHER PEOPLES MONEY? I mean sure-there is that percentage out there that knows no money down real estate “is all a scam..”-but what about the opposite sde to that?
Answers and Views:
Answer by shiprepairwoman
There are dozens of ways to do it. My husband and I bought a house VA with nothing down. We didn’t flip it but it is worth much more now than 30 years ago.
My friend moved into her boyfriend’s home and used her money to buy materials to make improvements. They sold by owner and split the profits. She did use her money but she could have put it all on credit cards. She loved remodeling and he didn’t but they made so much money they were going to buy another fixer upper and live in it while she remodeled then sell it at a profit.
The problem with the programs are they count equity that doesn’t exist to say they are rich. Just because you paid less than the asking price doesn’t mean you have instant equity.
Leave a Reply