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Lance Young

Lance Young sold his first course on real estate investing in 1996. It was called "How To Buy Preforeclosure Houses For Big Profits". Later, he wrote three additional books entitled, "How To Buy Bank Repossessed Houses For Big Profits", "How To Make Big Money With Probate Houses", and "How To Make Big Money At Foreclosure Auctions". He offers all four for $97, according to his web site.

Lance started out buying and selling preforeclosure and bank repossessed houses. Later, he began investing in probate houses. Lance Young has been involved in real estate investing since 1987.

He says on his web site: "You're coming to the homeowners' rescue... You'll have homeowner's thanking you" He paints the picture that this is truly a win-win situation for both of you, and that it's a business you can be proud of. I've talked to people from both sides of this. The homeowner is never happy. He is usually going through one of the toughest times of his life. So I don't think that's true. I think it would be better if he just admitted you have to be hard hearted in this business, even though it could be helpful to the home owner in the long run.

Lance Young claims to average about $100 an hour by following his own real estate strategy He claims that you can do the same thing. One of his strategies is to buy foreclosed homes and probate homes "dirt-cheap" with a small deposit of around ten dollars Then immediately flip them for instant profits.

Lance may be right, but you've got to have it within you to be a hard-headed business person, and know that you're profiting from people during their difficult times. The way Lance Young tells it, he's a hero saving the day. Sorry, I can't go that far. Lance Young is probably a really great guy. I just don't care for the way he talks about making money from distress as if it's something to really be proud of. Just tell it like it is. It's an ugly business.

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