No Money Down, Cash Back, Maximum 9 Homes
A reader sent in this link to a real estate 'investors' site that has this pitch. "Because of the popularity we need to limit investors to a maximum of 9 of these properties for now for those that qualify financially. 680+ credit score will be needed to qualify for this program with No Money Down and Cash Back."
"If you have lower than a 680 credit score please check out how you can benefit with our pre-construction."
Here is some detail from the soliciting email. "I have a good local investor friend that has been working with unsecured business lines of credit for years, he has a patented system no one else is doing. He claims $20,000 for unsecured business line of credit. Now he is saying some are doing $150,000 in unsecured lines of credit that don't go on your personal credit."