It seems no matter how much I learn I can't help but notice how little I know in the big scheme of things.

As to no interest, that just tags the seller with an imputed tax rate for them to pay out principal received which is credited to the reduction of amounts due to pay taxes with, in addition to any gains on the sale.Now, instead of wierd stuff like using zero coupon bonds or some ludacrist scheme, let's just make it simple.

in the day these were basically called Liar loans.now a days the mortgage broker can literally end up in Jail participating in these schemes. 

Along with what Bill points to, you have created a scheme where you are proposing to sell a property from you to another party with a mortgage already encumbering title, not to mention, said mortgage is for more than the property.

Real estate is a real business and as much as a lot of "gurus" say you can make thousands of dollars in just a few days with zero money while sitting on your couch that's really a brilliant marketing scheme that gets you to buy their $10,000 boot camp that will show all the secrets.

I think, Michael Quarles, you have a good point - but I also think that if new member intros are not front and center, no one will respond to them, new members won't stay connected on the site, and over all fewer people will be helped in the big scheme of things.

If I offered you a tape to buy and found you where in the daisy chain business without backing up the commitments, I'd say that was your last deal.Allowing you to cherry pick is probably thanks for your business.At the very least, I'd run your scheme past them before opening it up and set aside a smaller tape/bulk purchase, but if you're waiting on locals to buy without you putting up the funds, I'd say you'll have pie on your face.

She likes looking at the numbers, so I show her how the numbers stack up on my note deals.My friend who flips houses lets his fiancee do the home-staging and chimes in on color schemes.

The problem is that 90% of these "students" are the same folks who move from one scheme to another.

Real estate investing isn’t an easy, get rich quick scheme, like you hear on the late night infomercials.