Armando Montelongo Real Estate Training International Hard Sell, Deceptive, Bait and Switch, over promises, upsell to $40,000 bus tours San Antonio, Texas

I just attended the 3 day Armando Montelongo seminar for which I paid $1,495.  I took the "free" seminar two or 3 weeks ago and got suckered into this 3 day one.  Lots of rich guys bragging, fowl language, and tons of very heavy upsell to the $30,000 or $40,000 bus trip in LA or Las Vegas.

I Could have gotten most of this information for free in the internet, or from a few basic real estate books from Amazon.  Never got the promised insider info such as hard money lender contacts, or specific sites or ways to find pre-foreclosures or other distressed prooerties.

They manipulated and pressured lots of poor, broke a*s, and uneducated people into the $30K or 40K bus trips, which they can't afford.  They'll have huge credit card debts or liquidated 401-k's.

Maybe some very few will do well, but from what I saw, it was lots of desperate people being manipulated.  They'd be better off to spend the $40K on down payments on one or two actual properties.

Also, it seems their true motivation is to lend money for the real estate deals to these broke-a*s people, and charge huge interest rates, like one half of the profits on the deal for lending the money for a few weeks or months.  They are the hard money vultures that go on the bus rides to cream skim teh best deals and take the easy profits, while all the studendts compete against each other and bid the prices up.  I also read that many of the properies they look at are ownwed by Armando M, so its a total conflict of interest.

Some may do well, but buyer beware, that "free" seminar ends up being very pricey.

Now I just need to cancel my $30,000 visa charge within the 3 day window, as my subsequent due diligence and discussions with other investor friends have since caused me to reconsider my rash decision.  I'll cancel ASAP tomorrow.   or tonight.