Re: bobby b. blair

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Posted by Dwight Gordon on February 27, 1999 at 06:35:22:

In Reply to: bobby b. blair posted by Mac on February 25, 1999 at 21:46:36:

I am in the home financing industry in Virginia. Thought I would comment. I don't know who Bobby Blair is, and I am quite suspicious.

Before you even consider forking over your hard earned money, you should speak with someone in the financing industry to find out how investment real estate really works.

Trying to do 100% financing (the no money down route) is very tricky indeed. Any commercial financing will depend greatly on the credit of the person taking the loan - so if your credit is not good enough, why bother to spend 5K only to learn later you won't qualify for ANY financing ?

Most of the people who make money on these real estate seminars make money on seminars, not because they made money actually DOING what the seminar is about.

Think about it - If You or I had made 15 Million (or whatever) investing in real estate, would We really need to go around doing seminars ?

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