Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP
Posting-Version: version B 2.10.2 9/18/84; site drivax.UUCP
Path: utzoo!decvax!decwrl!amdcad!amdahl!drivax!holloway
From: holloway@drivax.UUCP (Bruce Holloway)
Newsgroups: net.consumers
Subject: Re: Real Estate Investment Course (Millionaire Maker)
Message-ID: <323@drivax.UUCP>
Date: Mon, 10-Mar-86 13:11:01 EST
Article-I.D.: drivax.323
Posted: Mon Mar 10 13:11:01 1986
Date-Received: Tue, 11-Mar-86 08:44:44 EST
References: <228@gc49.UUCP>
Reply-To: holloway@drivax.UUCP (Bruce Holloway)
Distribution: na
Organization: Digital Research, Monterey, CA
Lines: 32
Keywords: I recently saw a television program about a Real Estate Investment

In article <228@gc49.UUCP> gcpaul@gc49.UUCP (Paul Salizar) writes:
>Course by Ed Beckley, The Millionaire Maker.  The course supposedly
>offers to teach one how to buy real estate for investment with little
>or no money down.  The program sounded plausible, the course cost
>$295.00 and you have a 6 month money back gaurantee if you are 
>dissatisfied with the course.   Has anyone out there in no-man's-land
>had any experience with this course/company?  If so, I would be interested
>to here of your experience/impression.  Thanks

Is that the program where you get 202 VISA cards, get a $1000.00 cash
advance on each card (usually just before the bank closes so they don't
give you any guff), buy a $150,000 home, use that as collateral to get
a $180,000 loan, pay off the VISA card bills with that money, rent the
house to someone else for more than the mortgage payments and pocket
$30,000?

Sounds like an easy way to get ulcers and become bankrupt if the exact
timing fails anywhere along the line. Seems more sensible to just go into
the real estate business if that's what you want to do. A *lot* less
risk.

-- 

+----------------------------------------------------------------------------+
|Whatever I write are not the opinions or policies of Digital Research, Inc.,|
|and probably won't be in the foreseeable future.                            |
+----------------------------------------------------------------------------+

Bruce Holloway

....!ucbvax!hplabs!amdahl!drivax!holloway
(I'm not THAT Bruce Holloway, I'm the other one.)