Posted by Vic on April 20, 2000 at 24:21:33:
Ed,
Hi I just read your comments about both CS & WC having glaring flaws in their books. I can see the flaw in CS (not having enough of a cash flow is one), but with WC’s Money Machine, the only flaw I noticed is that his technique of assuming FHA’s without qualifying is for the most part over with. I’m no fan at all of WC. In fact I usually avoid all of his stuff, but for some reason I did pick up & flip through the Money Machine & it did make sense, except for being able to find those assumable FHA’s. It kind of reminds me of Lonnie’s book a lil bit. Did I miss something else or is this what you’re referring to as the flaw?
Thanks,
Vic