The thing is, it's NOT a new approach. It's a new name for an old practice, as risky now as ever.
But the question is... Are you tempted?
I understand if you are. Its a slick marketing pitch. The guys promoting the course know our hot buttons, don't they?
But please, before you go off and do something that may land you in hot water, please go listen to an audio with Jack Sternberg interviewing a retired HUD Investigator/current Mortgage Compliance Training Officer and attorney Jeff Watson.
GET the audio interview here...
It's official. They have been deemed fraudulent transactions and fall under the category of a Foreclosure Rescue Scaml!
As Jeff Watson advises at the end of the interview, "STOP AND THINK. One of the best attributes that a good investor engages in is thinking. Not a speculator, not a gambler, but an investor. And there is a huge difference in mindset and maturity. I want to urge people to develop the mindset and develop the maturity level to be the investor and give things a great deal of thought.
They cover "Mortgage Assignment/Subject to Financing" in terms of insurance fraud, mail fraud, wire fraud, racketeering, and predatory schemes in this call. In other words, this is important.