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Updated over 8 years ago, 09/28/2016

User Stats

160
Posts
38
Votes
Dakoda Spencer
  • Investor
  • Short Gap, WV
38
Votes |
160
Posts

Guru Scam Help, Is What I Have Now Still Valuable?

Dakoda Spencer
  • Investor
  • Short Gap, WV
Posted

So, I have what seems to be a weird question to me. I started following a "Guru" that is teaching about seller financing and was selling a course about it. He was teaching to:

1. Get properties under contract from sellers with seller financing. 

2. Get them under contract below market value

3. As little down payment as possible

4. See if they will accept your offer with 0% interest (or very low interest)

And then they would teach you to turn around and sell the property using seller financing but raise the price by at least 10k, require a larger down payment, and put a higher interest rate. I thought all this sounded like a great idea and was going to buy the course. I knew I would have to start building a list of potential buyers in my area so I have been posting to Craigslist and have since started to acquire a list of buyers who want/need seller financing (20+ people).

The issue is, I have since decided to not buy the course (because I think it's another Guru scam) and now I have a growing list of people wanting/needing seller financing in the Morgantown West Virginia area. Is this valuable or should I stop building the list? I am sure to inform the people that this doesn't mean that I have a house available for them, but just that I will have all the wants and contact information if anything becomes available.

Could I maybe connect with investors and match them with a potential buyer? 

I don't really know what else to do with this so any help would be greatly appreciated. Thanks. 

Dakoda

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