Product Description
From the Author
You’ve no doubt heard about "Flipping" properties in the media, and how it is a criminal act. "Flipping" a property involves fraud and the collusion of usually everyone involved in the deal. Those who engage in flipping "rig" an appraisal, so the value of the property to be sold is inflated. They will also present fraudulent information on unqualified buyers’ mortgage applications, where the buyer appears to make more money, have better job stability and a better credit rating than they really do. Some of these crooks have even used children’s Social Security numbers and invented credit to obtain loans. I do not partake in, tolerate, or teach any of these practices.
What I teach is "Quick Turning" property. With skill and proper training, my students are taught how to find, fund and sell houses at lightning-fast speed for a mark up. We buy these properties at a deep, deep discount and sell them below market value, so there is never a question about the appraised value. I just wanted to make that clear even before you start reading this book. - Chuck
