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Updated over 7 years ago on . Most recent reply

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Abdul Rauf M.
  • Investor
  • Singapore
5
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30
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Guru says tuition fees will be reimbursed and 100% funding given

Abdul Rauf M.
  • Investor
  • Singapore
Posted

Hi there,

Recently attended a seminar where the Guru mentioned that the tuition fees paid will be fully reimbursed (after acquiring 6 tax liens at min $2k in value each), and that they will also provide 100% funding for all the liens purchases, the take up rate amongst the crowd was insane. I am aware there will be a further and more expensive upsell to another workshop during the first class.

But my question is, are there lenders who will be willing to provide funding to investors to buy tax liens? And 100% funding? I believe when the property is flipped or the liens are redeemed, there might be a cut given to the lender but then again, funding for tax lien investors? 

Most Popular Reply

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Linda Weygant
  • Investor and CPA
  • Arvada, CO
3,696
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Linda Weygant
  • Investor and CPA
  • Arvada, CO
Replied

I'm just gonna mention something in case it isn't crystal clear.  

If these people have the money to provide 100% financing for you to buy liens, why are they not just buying the liens themselves?  

I am 1000% sure that these people are not altruists and don't just love you and want you to be wealthy.  There is a reason why they are doing this and I am going to suggest that it is because the real money to be made in this deal is through the financing and not through holding the lien.

This situation smells to me.

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