All Forum Posts by: Kamran H.

Thanks, everyone for your replies, I can see bigger pockets is a great place to start my learning.

Reading posts and articles--I can see it would be better to find a mentor and read stuff on the internet to educate myself on real estate investing.

Also he mentioned that they know of reos from banks that are close to the 14 to 1 ratio of assets to liabilites and those banks need to unload property and want cash offers. They can find out which banks are at the higher ratio and would want to unload their properties so they can be more balanced.

Anybody have experience with Yanceyevents website also known as scottsncevent. They have a 3 day seminar to teach you about wholesaling-finding properities and getting private funding to closing and get your profit. Also they said if you take their course and only then can you have access to insiderscash website to have access to private funding without running your credit-insiders cash he said was only going to make sure thedeal is "good" before providing you with funding.

The instructor their gave a simple view of a positive transaction: Property valued at 160k buy it at 60 k sell it for 110k and you can use insiderscash for the funding and he said once you know it is a good deal you put it under contract (30 day escrow) and start looking for a buyer, once you find a buyer you close the deal right away and collect your profit of 50k - expenses.

They have you come in for a 3 hour seminar where they sell you this program and others. The one mentioned above is for $1,997 for you and one guest (if you sign up right then) if you call back another day to reserve it will be $5,997.

Wanted to know anyone has any experience with them.