Wednesday, November 5, 2008

Nouveau Riche Scam

Those the Russians more and more levelling, who appreciate subsidized housing and the low taxes, have net incomes which reduce those of the Westerners. Did that 's make to the Nouveau Riche Scam person again a large target for investors of Web - but in a many economy with corruption, how to better reach them? Us 'about spending much of time the test to appear that outside, indicates Danny Rimer, a specialist in the venture capital to the index dares in London and a first investor in Skype and MySQL, between other successes.
The deal Nouveau Riche Scam shows to you invariably is built around an interest only mortgage-- you won't build any equity at all for the first 10 years, after which your mortgage payment will jump up to a much higher amount. If the deals were structured with conventional principle and interest loans, none of these deals would have any positive cash flow at all.
After all, if these were truly good deals, why would the founders of Nouveau Riche Scamwant to train you to take advantage of them? Why not just invest in the properties themselves? The sales presentation claims that the founders made their fortune and now altruistically want to help others make theirs. If altruism is the motivation, then why charge $16,000?

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