All Forum Posts by: Adriea Herndon

Hi everyone. I’m back again with another question in regards to a guru. I recently came across Spencer Vann and his class on surplus funds. I’ve tried looking up surplus funds and so far have gathered that it’s money the seller gets back after the house is sold at auction. And it sounds not terrible given contracts and legal. However there are major gaps for me:

1. How exactly are you getting this money? Where is it coming from?

2. Do you use a title company to get paid? 
Any other information would be helpful thank you!

Thank you @Bob Norton based off that information I won’t be buying the class most likely thank you!

This is what his description says:

Did you know your IRA can buy houses just like you can? Once you learn to do it without money, you simply make your IRA the buyer instead of you so all profits go into your IRA…TAX FREE.

Your CPA and attorney can’t teach you this because they don’t know about it. Why? Because they don’t understand real estate investing Ron’s way.

Trust me when I tell you it will be a long night after hearing about this. You won’t sleep a wink when you hear how you can put your children and grandchildren through college – absolutely FREE.

This simple secret is making TAX-FREE millionaires out of my students all over America.

Hi everyone. Im thinking about signing up for a Ron LeGrand teachings. In this specific lesson he teaches how to use your IRA to buy real estate with no money down is this true? I tried looking some things up and google says I can use a backdoor IRA, is this what he's talking about? It's one of the only reasons I'm considering buying the class, so any help would be appreciated.