I was recently contacted by a company called Nu-Way real estate.They claim that for an upfront fee of 5,000They will train you to find prime foreclosures, give you a 1% finders fee when they take title to properties you bring them and also 35% off the back end when the house is sold.has anyone ever dealt with this company, is it scam?

Just my opinion but methinks I smell a scam...

They go to school for years and years and learn some of the same things over and over and you don't hear people complain about the fees...But yet when a Real Estate investor charges to teach you, which is school, it now becomes a scam???

That website screams scam to me, but I could be wrong.

They are just trying to scam you.

Henry,It is always the best the buyer to do due diligence on the one that is assigning a contract to make sure they are not trying to scam you.Joe Gore

Since moving in with me, she has gotten another job and is paying her share of the bills without issue.I don't want anyone to assume that I'm trying to scam her in any way.

Hopefully the long line of mortgage fraud conspirators who contributed to the real estate meltdown will all see their day in court and set examples for others.Source: MPAMag.com: http://www.mpamag.com/mortgage-originator/six-charged-in-5-5-million-scam-18815.aspxPosted by Corey Curwick Dutton 

But it certainly is NOT a scam in the sense that the material is 'wrong' or 'fake', but I would definitely question some of the statements they make in their marketing efforts.Fortune Builders' material is geared towards making a business out of flipping a home.

If that's truly the case (and you could be confident it wasn't a scam), then it's definitely something I'd do.On the other hand, if I lost my $5K (or whatever the option money was) if i didn't purchase, then there is a down-side risk.