but i was desperate.

Hello everyone....this is a desperation post.

Housing shortage = desperate people = scamming

@Sam Ojo  I read through the 3 years of posts so I kind of understand.. if this program is touting no money down owner finance commercial real estate.. well that's a tough one to a non starter in todays market.. sellers are not that desperate .. you can do that in areas that are dead and dying but who wants to buy that stuff.and when you can pay 10k up front and then they talk about splitting 500k.. this is simply reminds me of a very successful syndicator I worked for in the 80's he had a billion dollar portfolio then I did acquasitions for them it was a great job as I was a RE broker and got my commish when they took the building down.. no risk on my part.. work as a broker plus he paid me monthly and health insurance LOL.But that all saidhe had a phrase... : DROWN THEM IN FUTURES  "  this to me is like that take folks that have rally no experience in something that takes a ton of experience to get good at @Joel Owens give them a cheap buy in .. lead the carrot with the 500k which is more money than most of these folks have ever made or dreamed of and yes they jump in... to me just same ole same ole guru stuff.. and the Guru makes most fo the money on the 10k and monthly other wise why charge either of those if they are making 250k per student.. that would be the big money.. why because they don't do a ton of it ( maybe ) I just don't see this in todays market as being real.. or achievable for folks that don't have like Joel says significant liquidity to buy commercial and experience... you want expe3rince in commercial get a license go work for a commercial broker get paid to do your apprentice work and like many of us 10 years  into the career you start making some significant coin.if it was as easy as pay 10k and 197 a month.. there would be NO commercial property to buy you guys would own it all.And again if this is all about nothing down owner finance that ship sailed over the horizon many moons ago.my 2 cents.

They told me that they have heard of me from multiple people who said that if anyone can get a property performing it is me, and that they desperately needed my help.

Sometimes HVAC contractors will jack up the prices in the winter because they are typically busier and/or they feel the homeowner might be a little more desperate to get the heat on than they would be in the spring/summer months.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $41,725

Cash invested: $4,500

Sale price: $82,500

Buy & Hold. Bought on contract/took over payments until ...

When people are desperate, they are also the most vulernable.

Additionally, low rates for homeowners mean refinances are virtually zero (only those desperate to get out of hard money, construction or bridge funding).What is this doing to the Mortgage Industry?

I have a good income so not desperate for immediate cashflow, but markets with high likelihood of appreciation seem like they’ve gotten so expensive that I won’t even be able to make the 20% down with my 50k budget.