Jerry Norton’s 100% Funding Program

Jerry Norton’s 100% Funding Program

Member since 2022 · 3 posts · 1 vote

I’m really interested in this! From what I watched from Jerry’s video is that he provides his actually bank statement, not just his proof of funds letter to close a deal. Instead of using an assignment  contract you’d do a seperate closing with the buyer. This seems appealing to me because of all the legality and ethical issues that are being enforced with wholesaling and closing this way there would be no potential legal issues at all.

From what I understand also is that Jerry wouldn’t be the end buyer and I know in his 10k club he had extremely high standards with deals he would accept, leaving a lot of people in the program not make any deals

Only thing is I don't know if I'd still have to pay EMD, closing costs etc since an assignment contract will not be used.

it’s $1000 for the program but you get it back with your first deal and you’d also have to take some out of your wholesale fee to pay him

I don’t mind this because I am such a beginner and don’t know who else would do this for me and I want to avoid all legal trouble at any cost…

Has anyone done this program of his?

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  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    4y
    Quote from @Lauren Seeger:

    I’m really interested in this! From what I watched from Jerry’s video is that he provides his actually bank statement, not just his proof of funds letter to close a deal. Instead of using an assignment  contract you’d do a seperate closing with the buyer. This seems appealing to me because of all the legality and ethical issues that are being enforced with wholesaling and closing this way there would be no potential legal issues at all.

    From what I understand also is that Jerry wouldn’t be the end buyer and I know in his 10k club he had extremely high standards with deals he would accept, leaving a lot of people in the program not make any deals

    Only thing is I don't know if I'd still have to pay EMD, closing costs etc since an assignment contract will not be used.

    it’s $1000 for the program but you get it back with your first deal and you’d also have to take some out of your wholesale fee to pay him

    I don’t mind this because I am such a beginner and don’t know who else would do this for me and I want to avoid all legal trouble at any cost…

    Has anyone done this program of his?


     Have you read the reviews? Have you been provided a list of people who have taken the class and contacted them to get info on the program? Does it state what the program provides, and timeline for how long it should be to get a deal done?

    These are question (not meant to be sarcastic), I have not taken this program or ever looked into but, but with any program these are the types of questions you should be asking.

    7e investments53 Reviews
  • Nathan GesnerBusiness Member
    Moderator
    Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
    4y
    Quote from @Lauren Seeger:

    Click on the magnifying glass in the upper-right. Type in "Jerry Norton" and read the reviews.

    I don't know him from Adam, but there are a lot of posts about him. The one person I read that had experience with him in 2015 said there were some decent tools, but it was basically an upsell. Most of these guru programs get you in the door, provide you with some glitter and a few nuggets, then try to sell you the next level where you'll get the secret sauce that flips the coin.

    They're all the same. Buyer beware.

    The DIY Landlord Book4.7248 Reviews
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