“Hi, my name is Greg. I live in Boonville, Mississippi with a population of 12,000 – started like a lot of people watching late-night TV and seeing the commercial and wondering if they work in a small town like mine. Guess what, they do. But what I did have is a lot of determination and I will succeed.  I’m getting my own website.  I got the courses on my home computer so I can go to them as many times a day as I need to.  And there is an info line that you can call and there’s always somebody to help you. They won’t leave you out there by yourself and there are tele-classes where you can call in.  I truly believe it is the best thing out there.

I want to personally thank the Success Team for changing my life.

Before I worked 50 to 65 hours a week and still could not get ahead. If I made $700 in a week my bills would be $850.  Credit cards were maxed out my boat was sinking, but with the knowledge I got from this course I will be debt-free in about two years.

My first deal I netted $17,000 and have four more under contract. It goes like this… purchase for $125,000, I owe $77,000, will net $48,000.

Another one will purchase for $80,000, I will owe $55,000, I will net $25,000. Another example purchased one for $60,000, will owe $30,000, will net $30,000.

Another example purchased one for $143,000, I will owe $25,000, and will net $18,000. Plus, I have another customer that has been approved for loan, from a mortgage broker, waiting for me to find him a home. I should add about $15,000 – $25,000 on a deal depending upon what I can buy the house for a prepared.

Now if you were counting my net profits they would add up to about $121,000 with $15,000 to $25,000, just waiting to still come in.

There’s no way I could have made that much money working 60 to 70 hours a week. Now just remember I have been doing this business part time, just think how many deals I could have done if I had been working full time. When all my deals close out, I will be a full-time investor.

I want to take a minute to tell you how I’ve been doing my deals.  It is called a low risk investing. I don’t buy a house until I have a buyer ready to buy from me. First, I run ads in papers for buyers and put out flyers and signs. Now I’m also doing the same thing to get sellers so when I get a house I already have a buyer. I target motivated sellers so when I find a house I go ahead and lease option it. As soon as I find it, I set first payments 30 to 45 days out. They get someone from my list, lease option it from me until their loan comes through – that ties them to my deal.

Additionally, when I lease it I do it for the amount of the mortgage payment plus very small option payments – the purchase price is almost always the loan balance because they just want out. Then when I re-lease it I get $2,500 to $3,500 down payment, plus $200 to $300 above the mortgage payment but that just for 30 to 90 days because before I lease it out, my mortgage broker has already pre-approved them for a loan. The best part is if they back out, I don’t lose anything. I don’t even have to buy the house if I don’t want to. I call this the LOW RISK SYSTEM. My thing is don’t buy the house until I have it sold, at least until the market changes.

There are plenty of houses to buy. If you don’t have a buyer for it what difference does it make? There is a little more work that goes into it than I gave you, but you get the idea.

Thanks again.”

Greg M.