text: no down payment: have you used that real estate course before? if so what do you think of it? i have not read his book, but i'm sure pretty sure that most anything you want to know about real estate can be found on the internet.  some things to consider...  --if you had a fool-proof way to make tons of money, would you tell everyone or would you keep it to yourself so you can make more money?  --sheets makes most of his money from selling books and cds, not selling real estate.  --even if you get 100% financing, there is still earnest money, home owners insurance, home inspection fee, taxes, closing costs...  --there really aren't too many "secrets" to flipping houses. the traditional way is to buy low, spend money for minimal repairs, resell it for more money.  sometimes you'll see these signs saying they "buy ugly houses and offer cash".  they're looking for a house where someone can no longer make the payments but have some equity in it.  the bottomline is yes you can make money doing this, but you don't need to buy his stuff.  do your own research.  know your credit, different types of mortgages, and talk to a realtor about your goals.