1 £mmillion home in France-For nothing

If leasebacks didn't have a bad name already,its going to get a lot worse when Jim Moore from INSIDE TRACK and INSTANT ACCESS PROPERTYS gets involved!Both companies are in liquidation.He targetting the same mugs who bought into his buy to let,no money down,for his "OWN A £1MILLION HOME IN FRANCE-FOR NOTHING" scheme which has a full article in the Mail on sunday.

He's claiming that the vat rebate(20.4%)used as the deposit and the rental "guarantee" will cover the outstanding mortgage.

I have got 2 leasebacks and neither of my rental income covers the mortgage repayments.

Does anyone have a leaseback with a 20%deposit where the rental covers the mortage?

I went to one of his seminars about 5 years(i asked some awkward questions and they didn't like it)They wanted £3500 to join there club or £2750 if you signed there and then.When i came out to the foyer there was a line queing up to sign!

Regards

John