Carlton Sheet's No Money Down Program

No Money Down Program, Does it Really Work?

By AC_Outlaw, published Nov 30, 2006
Published Content: 1,392  Total Views: 174,000  Favorited By: 55 CPs
Rating: 3.3 of 5
I had watched the infomercials on TV for years, and was highly curious about this program. Keep in mind my credit sucks horrible, I mean it is barely a 500 score, but I was young, dumb and stupid at times and did not heed the warnings of my parents about paying bills on time. After all, I was 18 what did they know? Well too late for that now, but his program seemed really interesting to me.

My husband debated and pondered for a long time whether or not to purchase this package, and we finally decided to do it. While this is not the perfect solution that he toots about on the infomercials, this package is full of a lot of very useful information. I have ordered several of his packages from the No Money Down, Cashing In on Foreclosures, The Painless Guide to Property Management, as well as Creating Quick Wealth with Partners. The programs have been very informative of my rights as a tenant as well as helped me immensely.

Using his package, I was able to purchase a small singlewide trailer in the small town where I used to reside, and using his tips fixed it up decently to rent the trailer out. I purchased the trailer for $1,000 and made payments of $300 each month. The people I bought the trailer from did not even charge me interest! Which was a wonderful bonus, I managed to rent the trailer out within one week of purchasing it, which meant I had already gotten a security deposit, as well as per his instructions skipped the first month's rent and let them have that free, however did charge the last month's rent. I kept the property for 8 months each month making $425 off this one piece of property, so the rent from the trailer paid the mortgage payment as well as the lot rent for the property in which the trailer was located.

Comments
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my email address: sonyamayer1@yahoo.com No spammers please, unless it relates to my question, thanks.

Posted on 10/29/2007 at 2:10:00 AM

 
Where can you buy a trailer for $1,000 or (more importantly) rent one for as little as $300 a month? I can`t afford my apartment anymore ($520/ month) but I would love to rent to own a trailer because then at least my money would go towards something.

Posted on 10/29/2007 at 2:10:00 AM

 
Wow. I want to try that. :)

Posted on 04/27/2007 at 9:04:00 PM

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