My daughter and I both purchased a home each while attending a weekend seminar at Russ Whitney's Millionare University. It was offered to us as an opportunity to be able to get into a real estate purchase with a hands off approach. For an investment of approxmately $14,000 we would purchase this $278,000 4BR 2Bath 3Car Garage home as a preconstruction property and by the time it was completed, we would have a contract for purchase through their real estate agency and reap the reward of between 16,000 and 22,000 making it as sizable profit. We both bought these homes and at the present time the construction time has been over 18 months and we have a total of $22,000 each invested into these homes without a buyer in sight. Trying to get help and support has been next to impossible, since the right hand does not know what the left hand is doing... No straight answers since no-one knows anything... Many of the contracts for sale on these homes have fallen through without a decent deposit by the buyer or are non-existant. If there are any other homebuyers such as this we are looking to create a class action suit.
0 comments