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Updated about 15 hours ago on . Most recent reply

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Ken M.#3 Starting Out Contributor
  • Investor
  • San Antonio, Dallas
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SubTo Is At It Again - Ooops Bein Sued - Wholesalers Next - Be Careful Follow The Law

Ken M.#3 Starting Out Contributor
  • Investor
  • San Antonio, Dallas
Posted

I keep trying to tell people to get proper training, one on one, not that group, community, youtube, Facebook, big group training, because it makes it too easy to sue the whole group. Just joking.

Actually, the on-line training I've looked at and seen people promote, is just to get more people to sign up and to get more fees. This is what happens when poorly trained trainers, train people & think they know what they're doing. Good trainers for "Subject To" know how to keep you out of trouble. "Oh, do you know one"? "Why, Yes I do , thanks for asking." "It's . . .  "

Here is the latest carnage

The typical lawsuit costs each individual $25,000 to $100,000 and lasts a year to a year and a half.

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Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
64,810
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Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
Replied
Quote from @Ken M.:
Quote from @Jay Hinrichs:

this is more of a foreclosure rescue scam than a sub to issue ..

Yeah, but SubTo gets more clicks. Just Kidding.
When you read the entire 129 pages, the Subject To comes to light. Lawyers don't commonly call it "Sub To".

It's a variety of foreclosure, subject to, probate, bankruptcy, recorded "memorandums" real estate license revocations, consumer fraud, senior fraud, notary abuse, false filings, deceptive practices. I haven't had time to read it all yet. Somebody didn't get properly trained. :-)


they are crooks and this is he danger of sub to  ..  no qualifying very little to no money down and you end up with a bunch of sleaze bag crooks doing the things describe this is why sellers are total and absolute fools to ever sell sub to.
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JLH Capital Partners

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