Buzzstuff: ...and money grows on trees

October 28, 2003

...and money grows on trees

You know those "No Money Down!!!" infomercials? The ones where you can buy several houses even if you don't have any money and then turn around and sell them for a profit?

Or how about any of those other "get rich quick" schemes that are on late night TV every night?

Have any of you done this? Do you know anyone that has? I mean, these commercials have been on TV forever and I always assumed that they were just so much BS. But maybe I'm wrong. Have you ever heard of anyone doing any of those "Be Rich Like Me" schemes?

Has it ever worked for ANYONE? I would sincerely doubt it.

Posted by Buzz at October 28, 2003 03:20 PM

Comments

Hey, I forgot to tell you that I'm working on that sponsership coat. I found the cutest black leather one... so let me know when those dollars start coming in for us!

**wink**
-d

Posted by: -d at October 28, 2003 03:37 PM

um ... no.

Posted by: tj at October 28, 2003 03:59 PM

Not me. I'm no gambler.

Sincerely,
Audrey Hepburn

Posted by: Cassie-B at October 28, 2003 04:19 PM

I've wondered about that myself... :)

Posted by: michelle at October 28, 2003 04:48 PM

that carlton sheets infomercial looks like total bunk.
I tend to abide by the adage:

too good to be true, it is

Posted by: todd at October 28, 2003 05:35 PM

Nope

Posted by: Tanya at October 28, 2003 06:35 PM

I've looked into it actually, and I can't tell ya how it's done here cuz its all long explanations, and whatnot, that I don't really remember most of the specifics on, but there are actually people who are doing these deals and actually making money. Some of it is done through various creative financing deals, that I don't know the details of since I didn't buy the course and actually research it in depth, but I've been thinking of trying it out. Which is why I looked into it. Look into the details of tax lien and tax certificate sales too. : O)

Posted by: JaxVenus at October 28, 2003 07:10 PM

Hell.
No.
Not.
Me.

Posted by: Kathy Howe at October 28, 2003 10:07 PM

Funny you should mention this. I ran across four or five signs in my neck of the woods recently. They read "Zero Down. Nice house. Call this number for a free recorded message." What made this seem even more odd was that they were all handwritten signs on big pieces of yellow cardboard. Very strange. But hey, at least that recorded message was free.

Posted by: Chris at October 29, 2003 07:39 AM