Explains an investment strategy designed to help one make great profits by buying and selling privately held mortgages and trust deeds
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In order to "sell" a moneymaking scheme successfully, one must make it seem plausible, unique, and easy to understand. The Stefanchik method is all that. Some will also suggest that the plan should actually work. Stefanchik makes the claim that his system has worked well for him and now tries to convince others that it can do the same for them. He buys and resells (or "flips") personally held mortgages. Stefanchik says that many home-sellers hold their buyers' mortgages and that many of these persons are willing (or even desperate) to convert these mortgages into cash. He goes on to say that there are companies "out there" (he is founder and president of one such firm) that stand ready to buy up these mortgages that you have located. Your task is to find and buy them for one price and resell them for a higher one. It is a sign of the times that one can claim celebrity, as Stefanchik does, by "starring" in an infomercial, and as more people see him on television, they will ask to see his book. David Rouse
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