Too bad there are so many scams built around this strategy, that's where I caution others.Joel, you have a great plan as well, it's smart to build your business around 2 or 3 main themes to address business cycles in RE.Build a business, not a job!

Just send it all to me - at least I won't try to scam you out of your money :)Seriously, be cautious when you disclose that you have significant sums of money on the internet, as that will attract all sorts of scammers and riff-raff trying to separate you from your money - especially by proposing things to you that might seem like good opportunities on the surface.

When Porter failed to make the mortgage payments, owners lost their homes, and in this case, the situation snowballed, and turned into a disaster.Another case is this method is used in foreclosure rescue scams.

[email protected] to figure out if he a scam or not?

Ive been interested in real estate for the longest and every attempt i have made to enter in the real estate world has just been either a scam or just wasnt the right fit.

She's always trying to scam something, the dog issue is no different.

I've also seen quite a few doctors be nearly scammed due to their inexperience in real estate but taking advice from pitches from the country club set.

@Vasily Rassokhin Ha, no FHA loans are not a "scam". 

If you do your diligence you can avoid the scams.

I have no problem giving my advice and though they SEEM to be nice people in need of guidance I DO have a GUT feeling that this COULD be some type of Scam My Personal feelings : Do I need the deal ?