Posted by Al - So Cal on July 15, 2002 at 18:33:08:
I absolutely love you creative thinking. You can
definitely become an investor.
Everybody would have a different approach but if it
were me I would propose it this way because in turning
properties I made a huge amount of money the first
year and quit my job and never looked back:
I love this house and want to buy it.
Would you help me in this manner?
Give me 36 month
s to do it. Let me create credit line against it so I can invest it and turn property and make profit. In turn I will sign as co-signer on the note to the bank and split profits with you so you 25% of the profits. Here is an outline of my plan and how I plan to make my investments. I will gladly listen to your advice and modify my plan allowing for your experience. As you buy and sell you should always at least double money or better on each transaction. Youre rich quicker than you think.
This is kind of scarry but take a measely 10 thousand
and double it 5 times - you
ve got $320,000 dollars. Now how fast can you turn properties to do this? It pretty fast!