Re: Cash at Closing…Real Estate Investment - Posted by Greg
Posted by Greg on February 04, 2002 at 19:12:00:
My wife and I purchased and studied the Carlton Sheets program. We have had it for three years.
On my third deal we walked away with $14,598.00. Here’s how.
It is a mobile home park, six homes. The seller wanted $75,000. We got a loan from a bank(small liberal one) for $65,000.00. I got the seller to take a second mortgage for $25,000.00. I gave him $50,000.00 of the $65,000.00 plus I got the bank to finance the points. I only had to pay the differnce in closing cost.
The seller liked the deal so much that he is now my partner in other deals. One we will close on the end of this month and split $100,000.00 less closing cost at closing. We have another that will close the end of this month, too! We will only get $5,000.00 each after expenses.
If you will just follow Carlton Sheets program you can do the same thing. I have listened to all of his tapes more that ten times. I have been self employed for over thirteen years and the Carlton Sheets program is by far the best, easiest, and cheepest way to learn how to make money.