Posted by JohnBoy on May 03, 2002 at 24:25:29:
Only one small problem. Any deal you bring them will never seem to meet their minimum criteria no matter how great it may be and they won’t ever fund your deals! So in reality, kiss your $500 bye bye!
Besides, if you found deals half as good they tell you you need to find then you wouldn’t need them to fund your deals anyway. You can just tie the deal up by getting it under contract to buy, then while you have a pending contract waiting to close, you can sell it to another investor and make a quick profit. You won’t have to pay someone $500 for the privelege of giving them half your profits either!
You can search the archives on this page and also on news group II which is the one for discussing stuff like Carleton Sheets and you will find all kinds of stuff about nationwide real estate discounters.
Keep your money and RUN!
Also search the archives here on flipping and you will get a ton of info on it.