Pook, where are you?
I remember I gave you a link that was by Russ Whitney that also fact-checked on John T. Reed! Shall I say John T. Reed is as much of a fraud as Russ Whitney?
*the audience is shocked*
Listen.
*the audience is seen listening carefully to seifer*
Sweet Ken
Sweet Kenny. First off, let me ask you something.
There are many kind of seducers out in this world.
Would I be one to create a website and say that seducers like natural rakes or deadly sirens are fakes?
Would I be one to create a website and try to destroy David DeAngelos' system?
In reality, what is there to gain from doing so?
What do I gain by writing my guides and writing my tips? What do I gain? Yes, I shall admit, that Pook and I are guilty for this.
We both write because it is a great joy to see other people smile when they get results! In fact, whenever one of you apply something from what we have written, whenever you start to smile and become happy because you see results, we smile too! When you make people happy, people make other people happy, the world only gets better.
We write but noticed how in our writing, we do not try to destroy other people on the topic except in certain cases.
So exactly, in reality, what is there for those writers above to gain?
If let's say I destroyed a rake, ok, one less rake. This means less competition. However is it plausible to do such a thing that the less competition will truly be noticeable?
So I gain nothing, absolutely nothing as I do not live with these rakes nor are they in any way affecting my game.
Therefore, I do not have to create anything to destroy them.
Now, for business, what do John T. Reed have by destroying them?
Easy!
MORE PEOPLE BUYING HIS PRODUCT!!
*the audience is shocked*
"More people.. buying his product? But how?"
You didn't know? He sells his own
no-down product! In his hard effort he pushes his limit just so people will buy his product!
If you have noticed, anyone that deals with greater publicity, he attacks it! To create fame and attention through the use of controversy and even attacking someone else's personal character and personal life!
An example, this:
http://www.johntreed.com/LOND.html
How to Buy Real Estate for Little or No Money Down
*audience is shocked*
Isn't that what Russ Whitney teaches?
You thought he didn't sell any no-down books huh?
He sells these same information as Russ Whitney!
Think, why is it that he does not have amazon.com or any major book stores help sell his book? Ah ha! He wants to control and find out who buys his book and who doesn't, he's afraid that there will be people like me that will spread the message.
REI don't have time to create a website and actually go out and look in courts and interview their personal family members for their childhood problems and then report the findings. REI are busy looking for the deal of the decade, trying to find out what is a great way to arrange a good deal between the bank, the seller, and you!
*one audience member raises her hand*
Yes?
"Well, could you break John T. Reed down as he has to Russ Whitney? We are curious as to whether he can be brought down."
I just did! John Reed attacks other people so that he generates more sales!
Ok, fine.
Starting with...
http://www.johntreed.com/LOND.html
Ethical, legal, practical, profitable ways to buy real estate for 0% to 5% down.
Hahaha, don't make me laugh! What is it about yours that is ethical, legal, practical, and profitable that others' arent'? Oh wait, I must buy it. Damn! Now I can't invest no-down ethically, legally, practically, and profitably without reading it. Everything I do is unethical, illegal, unpractical, and not profitable (Hey look I made positive cashflow! Wait!...) because it isn't by John Reed.
Government and private programs designed to enable home buyers and investors to buy for 5% or less down.
Hah! As if we didn't know this! Your local RE agent or your neighbor who is also a REI will tell you this as any knowledgeable REI.
Most private programs usually do local financing! Look around in your newspaper!
As for gov't, many of these are gov't backed financing that means you need to have worked in order to qualify for these same loans!
Example,
VA loans.
The US Department of VA (Veterans Affairs) will pay for your down payment and even mortgage if you were a veteran.
Another example,
USDA Zero Down.
Yes the gov't believes no-down works too... through them! The US Department of Agriculture offers nothing-down loans to homebuyers purchasing in small towns and cities. They offer up to 115% of your income however so you must work or else no dough.
Another example.
REOs.
Real estate owned. Mortgage lenders and banks do NOT want to own any property. This is extremely harmful to their business. Because of this, they are always willing to work out a deal to get you to buy it.
There're more than 10 ways that I can think of. I have only listed 3. My partner has over 50 ways. Some REI who has been investing for their whole life develop their own no-down ways!
There's more Johnny, must I destroy your business by listing more? The gov't already list these possible loans, you are just making the money off of something that should be free.
How to use your own strong credit or that of willing others to buy for 5% or less down. Using seller financing to buy with little or no money down. Buying for bargain prices (80% or less of market value) then borrowing 100% of the purchase price, albeit 80% or less of the market value. Taking over high-loan-to-value existing mortgages.
Uh huh. These aren't your techniques, some of these are gov't backed programs. What makes Russ Whitney's "seller financing" technique any different from John Reed's? Russ Whitney discusses seller financing in chapter 11 page 141 in his book Building Wealth. Everyone else who read the book can confirm this.
How to save for a down payment. Myths about nothing-down purchases. Wrong ways to try to purchase real estate with little or no money down. Most nothing-down techniques are unethical, illegal, immoral, impractical, and/or unprofitable. Don’t lose your money, your credit, or your freedom following dangerous advice.
Now here's the thing, the above is RHETORIC. Myths about nothing-down is as much as "they are bad because of risk". Notice how cynical he gets when you read his other pages on becoming a REI.
