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Customer Review for Russ Whitney:


60 of 65 people found the following review helpful:
Review:
July 12, 2005
Reviewer:
Not a Fraud! from Yakima, Washington.
Review Title::
Seminar Review.
Rating:
1 Star (or Unacceptable).
Review:
Just spent three wasted hours in a seminar that included instruction on how to defraud banks to get "other people's money" ie: deposit $1000 of borrowed money to be security for a "pass book loan" then repeat the transaction four more times at local savings and loans ( I guess they are less sophisticated than the major banks)so that you can build an instant credit line to borrow money unsecured to make a down payment on an investment property.



I found the presentation insulting, misleading and sleasy. Real estate is a good investment when done with forthought, adequate reserves and integrity. The Russ Whitney path seems to me to be a path to bankruptcy.



Me? I am not a millionaire. I own several income properties, my best deal netted me $145,000 over 23 months. I did it with the help of an honest banker, used my own money for the down and I sleep well at night.

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