Jonathan sheets has a program for buying real estate, is it legitimate?
481774
WARNING: many of the "get rich quick in Real Estate" deals (scams) are centered around buying tax forfeited properties. The taxing authority (the county) used to sell these properties for the amount of taxes owed, but many counties have begun selling them either at "fair market value" or by auction to the highest bidder. Be careful, and be sure to get an appraisal and inspection before purchasing
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Please don't go the "cheesy" route; IE: DITECH\n\n   Your business depends on a client base that is in need of housing certainly, but more important than that perhaps is,,, how active is the "Market" in your area?\n\n   Have you linked up/networked with any well established, possibly return customer, Realtors?\n\n   I enjoy investing in Real Estate, and/or at least constantly shopping it and any options for buying. I don't know the lattitudes you are able to offer as a Mortgage Broker however. Do you own the business? Is it already a well established business? Is it in a decent location?\n\n   Again, I don't know your allowable range of options within the framework of the business, but you might look into offering as many options to buyers as exist,,, IE: SHIP, etc. It may also serve you to offer a customer a referral to another type of lender once in awhile, depending on your ability to loan to them, or their abilities to get a loan.\n\n   Certainly you can do balloons and flyers, radio spots, TV, change the "CURB APPEAL" of your office, change the signing, advertise more extensively in the Yellow pages, hire some clown in a themed suit to stand outside,,,NOT,,,LOL.\n\n   Networking with other brokers and especially with Realtors, who in turn might recommend you to prospectives, might be the better way to go.\n\n   There is no fear that I can see, that the market is going to fall apart anytime soon,,,even with over escalation of prices,,,and no matter that, there isn't anymore land,,, per say.\n\nRev. Steven
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Consult a reputable real estate attourney to find out...
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The best real estate course I have heard of are the Rich Dad, Poor Dad series, by Robert Kyosaki.  He is excellent, and rich, and knows how he did it, because his dad was poor (although he made about 400K per year) and his best friend's dad (his rich dad) was rich and taught him how to do it.  You can buy his work or get it for free using your favorite PSP program like limewire or my favorite: shareaza...simple search on the net will get you these.\n\n...thanks for the info on why my white shirts get yellow under the arms, you were the only one who knew what you were talkinga about.  BEST ANSWER
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Hello,\nI've taken the Robert Allen course, it's ok.  I think Carleton Sheets is better, read below:\n\nI completely agree with wanting to invest your money.  Afterall, what's the point of making money if you can't make more money with your money (got that?)?  Anyway, I've tried all different investments from stocks and bonds to IRA's, 401k's, and real estate.  I'm really a big fan of diversification.\n\nHowever, the only investment I've really been happy with so far is real estate.  Over the past 5 years, I've bought 3 different properties (all have tenants, and I'm making more than the mortgage payments on 2 properties).  \n\nThe 3rd property I got  was using Carleton Sheets no money down methodology (he's a GURU in real estate, and yes, his methods do work!).  You can actually buy a property for absolutely nothing down (NO MONEY FROM YOUR OWN POCKET).  I payed over $500 for his course 3 years ago, and I just saw it online for $9.95!!!!  This is a steal at $9.95 (I'm actually going to buy it for my friends for Christmas).  It was featured on TV, so I got the website from there.\n\nBefore you invest in anything, I highly suggest the Carleton sheets course.  http://www.alllsite.info/real-estate.php
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The appears to be a scam out there that is using the name of textile companies.  Be careful.  If you think you are going to get free money, run the other way.
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Yes, he is a big time talker for Real Estate professionals, most of the time they get suckered into buying his systems, which is usually just logical marketing strategies. He is a talk show person for Realtors. Probably the biggest trainer in the US. He usually gets new agents to buy into his system and they have to spend a certain amount of money to keep it going each month. Quite a bit of a racket, as I do not think he sells real estate anymore, just marketing stuff.\n\nOh by the way, Buffini also does work with Mortgage people as well. \n\nI just think that if more people just followed up with the clients that they have, by calling or sending notes on paper, that they would get the business they need. And Buffini and others have made this into a "System".
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... and DON'T buy any of those programs that you see on infomercials. I've heard that a lot of the so-called 'available property' is unihabitable slabs of land in the desert, etc.
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From your Real Estate agent but be careful if you fill it out yourself. RESPA is not a joke.
45635
First pointer: Avoid the scam listed above.\nIts listed here also: http://answers.yahoo.com/question/?qid=1006012204009&r=w\n\nIf you are looking to start investing in the real estate market, be very cautious.  Many hot locations are expected to see a cool off in the next two years.
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http://www.realestateagentlive.com/
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yes, but read the person's comments first. if it seems like a shady deal, it probably is. there are lots of legitimate people out there selling stuff though.
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These High Yield Investment Programs are usually scams. I have never heard of a legitimate one. The US Treasury department considers the phrase "high yield investment program" a red flag that you are probably dealing with a scam. See these links:
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Yes, there are investors who do real estate transactions like this on a daily basis.  It can be a great option for someone in your position to stop foreclosure, save your home, and remain in possession of the property.  If you find an investor who will help you do this, you may even end up with lower monthly payments, if they qualify for a low interest rate.\n\nThe only big thing you should be worried about is investors who scam homeowners out of their homes.  While most investors are not like this, you don't want to run into one of the criminals out there.  Some of the most common investor scams are below, so if you feel like you're in any of these situations, then think about finding another investor.\n\nSigning over the title.  With this scam, you will be forced or tricked into signing over the title to your home.  A potential investor will assure you that paying them an up-front fee and signing over your home will cause the mortgage company to record the foreclosure against them, saving your credit.  This is simply not true – because the mortgage is in your name, you are responsible for paying it, and you will be the one foreclosed on.  The investor who you have given your property to has virtually no obligation to help you and will walk away with the fee you have given them.\n\nSurprise quit-claim deeds.  Sometimes, while working with an investor, you will find out that you have signed a quit-claim deed.  What this does is gives the investor all of your ownership rights in the property.  This is used most commonly when individuals want to get rid of their properties very quickly and simply give them away, usually as a gift to a close friend or family member.  In this case, though, it is used to steal your home and the equity you have built.  If the quit-claim deed is valid and recorded, you have effectively given your property to the investor.  The investor can then do whatever he pleases with the property, including selling it for more than you owe and taking the entire sale proceeds for himself.  Or, the investor may place a second lien on your property, allow it to go into foreclosure, and be entitled to a portion of the price it sells for at the sheriff sale.\n\nExpensive leaseback arrangements.  The lease-option (or leaseback) scam has come under fire by many state attorneys general recently.  In this arrangement, an investor will offer to purchase your home and allow you to lease it from them and purchase it back when you have repaired your credit.  While this may work out in the best interests of all involved, a number of criminal investors have severely taken advantage of homeowners with this scam.  They will structure the monthly payments much higher than what you can afford, and then evict you when you fall behind in payments.  Another way this scam can work is if the buyback price is higher than the original payoff of your home.  If you can not buy the property back at that price, you will be evicted.  But even if you can get a loan for the full buyback amount, the investor will walk away with all of your equity.\n\nEquity skimming.  This scam may also be called “equity stripping,” and it is usually aimed at elderly, minority, or otherwise vulnerable homeowners in foreclosure.  It may be accompanied by a lease agreement or a quit-claim deed, but always involves selling the home to the investor.  Usually the investor will promise to pay off your mortgage if you sign over your house to them.  You may be allowed to stay there as a renter, because the investor will rent the house while he is the owner of it.  However, the investor will not pay off the mortgage, will collect the rent, and let it go into foreclosure.  Then he will sell the home, take all of the equity, and you will have the foreclosure on your credit.\n\nGood luck stopping foreclosure, though.  Hopefully everything will go according to plan.\n\nForeclosureFish\nhttp://www.foreclosurefish.com/
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this site has their contact data and some description, of course they will want you to purchase their program before you get the specifications, good luck
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The other answerer has a good point... lol...\n\nIf you are concerned about someone that you are dealing with: I'd recommend asking for references from the person/company (and calling), looking into what orginizations that they belong to (eg. Real estate boards) and looking to see if they are a member of the local BBB.\n\nAs far as a list of know scams or cons, I'd be curious to see if one exists.
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If it seems to good to be true then where's the catch?  I have owned apartment buildings before, and if you are around long enough you get to know people in the banking business.  At one point I got to know the vice-president in charge of real estate at Hudson City Savings Bank in New Jersey. I had already been a party to one transaction with the bank, a 29-unit half-abandoned building in Jersey City.  One day he offered me a property, and suggested I go take a look at it.  Turns out it was a massive brick apartment building, totally abandoned, sitting on on entire city block just off Bergenline Avenue in Jersey City.  As I recall it had something like 42 apartments.  He offered to sell me the building for just one dollar.\n\nI turned him down.  That is as close to 'no money down'as you can get, heck, this was no money at all, yet even at that price it was a terrible deal.  Sure, you can get these things for no money, I've been there, but you better have access to massive amounts of capital for renovation and upgrades, and I'm talking anywhere from tens of thousands to millions.  If you don't have the means to carry it and improve it, you better think twice before you get into something that can literally slay you.\n\nA lot of the real estate moguls who sold seminars on no money down deals in the late 70s and 80s ended up bankrupt, which ought to tell you something.