GetMyHouse.net Review – Is it a scam?
Buy Your Own House, which you can find at GetMyHouse.net, is a program that allows you to earn money online and at the same time, fund for your future house. According to its home page, anyone could buy their home for an amount as little as $39. However, this isn’t really the case. The amount stated in their home page serves your startup capital for you to fund your future house.
More about Buy Your Own House
The system could be better described as a multi-level marketing scheme. It is because in an amount of $39, you can start your own 3 x 2 cycler. The 3 x 2 cycler is composed of you plus 3 more people as your down line members. Once you have ‘cycled’ or completed this 3 x 2 cycler, you will be paid a cash commission of $60, be provided with one new position to start a new cycler, and a house account to build your home fund.
Your members could take in more people to have their cycler completed. For every completed cycler, the website claims that you will be paid $75 and more commissions will be given once members of your members have started their own cycler and completed them too.
Final thoughts on GetMyHouse.net
Buy Your Own House of GetMyHouse.net resembles a Ponzi scheme on which there is no actual fund but the system operates out of the money they get from the people. The amount of commissions they hand out seems to be a good bait for more people to join, without realizing that they couldn’t get anything from it at the end. Also, it’s worth noting that the program doesn’t have a refund policy. So, there’s no any way you can get back your money once you are dissatisfied.
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