Monday, September 16, 2019

Beware the Real Estate Investment seminar scam artist

Beware the Real Estate Investment seminar scam artist



http://virtualrealestateteam.com. Yesterday morning on Oklahoma City television I saw something I haven't seen in over four years the no money down, bad credit, make you a millionaire in one year seminar. Trust me, these people who claim they are the No. 1 real estate investment expert are nopt making money teaching you how to invest like them. They are making money selling desparate people DVD's and programs. Back beofr 2008, many of what they were teaching could land you in jail in many states, and to think that you are going to buy a $150,000 property in the greater Oklahoma City area for $25,000 is ludicrous, and downright deceptive at best. I sell investors as a specialty and I have a hard time finding deals for my investors, and all of these people either pay cash or get 20% down Fannie Mae backed loans with good credit. Let me give you a free and valuable piece of advice, before giving these people money that you don't have to spare, use them to pay off your credit cards. Credit card interest is typically around 25% so if you put your money there it is a 25% return on investment on what you are not paying interest on and you are on your way to real financial solvency.

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