hey melbear,

i know a person well who attended hk’s seminars early in the piece and he also did very well, and i have a copy of the cd’s/dvd’s also so i have access to the same materials and strategies. i also feel empathy for those that lost out in this situation at the same time however.

just on the deposit bonds which i believe he “made famous” in melbourne to some degree, one question i have and after reading steve’s book, are option contracts similar to flips, and/or are they the same thing? from studying some of hk’s materials i believe that this deposit bond/option contract teaching was a major pulling point for people attending his seminars because they could buy multiple properties with little or no money down, another expression that seems to have become very favourable with investors of late.

after finishing steve’s book this question just seemed to stick in my head and was wondering if you or anyone else could clarify it for me.

kind regards, clay.
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