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Buy itWith lease options and subject-to deals, investors can control properties worth much more than what they could normally afford to purchase. The potential for profit is great and the costs of getting started are low.
This book shows novice investors how author Wendy Patton and thousands of other Americans--including well-known real estate developers and business moguls--use lease options and subject-to deals to control valuable property without necessarily owning it. The cost of purchasing an option or subject-to deal is a fraction of what it costs to buy a home. That's why these kinds of deals are typically found in every serious investor's portfolio. Sharing the secrets and strategies investors use to profit from low- and no-money-down deals, Patton gives investors all the information they need to succeed.
"Finally, a book that explains lease option and subject-to deals in depth and detail. This book is essential for anyone who wants to make money in real estate without using a lot of cash or taking on a lot of risk. A gold mine of great information."
--Robert Shemin, New York Times bestselling author of Secrets of Buying and Selling Real Estate?Without Using Your Own Money!
"Few can rival Wendy's knowledge and experience with lease option and subject-to deals. This is a must-read for beginning and advanced investors and the real estate agents who serve them."
--Gary Keller, New York Times bestselling author of The Millionaire Real Estate Investor
"The techniques Patton teaches here are invaluable--especially for working with Realtors and still getting properties for little- or no-money-down. The detail in this book will make you want to read every page."
--Albert Lowry, PhD, New York Times bestselling author of How You Can Become Financially Independent by Investing in Real Estate
| Publisher | Wiley |
| ISBN | 047171836X |
| Features |
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| Format | Paperback |
| Author | Wendy Patton |
| EAN | 9780471718369 |
| Label | Wiley |
| Dewey Decimal Number | 332.63240973 |
| Studio | Wiley |
| Number Of Pages | 272 |
| Title | Investing in Real Estate With Lease Options and "Subject-To" Deals : Powerful Strategies for Getting More When You Sell, and Paying Less When You Buy |
| Publication Date | 2005-06-23 |
| Manufacturer | Wiley |
Review by Gary J. Wallace, 2010-09-08
This book is a wealth of creative real estate investing information. I've read more than just a few books on the subject and I can say from personal experience that Wendy Patton speaks and teaches and holds your hand through the process of doing deals. You realize after reading her book, that you can do it. YOU CAN!That alone makes the book worth triple what you paid for it.
Review by WholesalingLeaseOptions, 2010-08-09
Watch Video Here: http://www.amazon.com/review/R3W1PAZHRXHWJX I'm a big fan of this book from Wendy on Lease Options! It got me started on my Real Estate Investing Career. I consider Wendy a great friend and one who operates in this business with integrity and honor - which few actually do. This book is in the top 3 books I have ever read on real estate investing. Wendy is the authority on Lease Options! Get the book! - Joe McCall [...]
Review by Jack Eller, 2010-07-25
This is a very good comprehensive book for beginners or seasoned real estate investors who focus on lease options as part of their strategy. I highly recommend this book. Wendy Patton's seminars and boot camps are great!
Jack - arizonahousehelp.com
Review by Susan R. Mandolini, 2010-06-22
Wendy's book is packed full of important information about lease options. I read it and then went back to specific parts as I implemented my first lease option.
I attended a 1-day workshop of hers and this book really supports and even surpasses what she was able to teach in a day. Any of her materials are worth purchasing!
Review by Olen B. Soifer, 2010-06-13
Considering that virtually all mortgages have due on sale clauses, and it is a deception of the lender if the property is sold without notifying the lender, how is this not fraud...simply because the lender might not know for long enough that the property gets resold again and the mortgage is paid off? Does that mean that robbery is OK as long as one gets away with it? There is only one reason to leave the original borrower on the note...and that is because it is one more way to make it unlikely for the lender to realize that the due on sale clause have been violated, because no filed document will find its way back to the lender. Aside for the fact that the original borrower is still legally responsible for a mortgage on a property that they no longer own, their total debt to income is also higher than it should be. And, if the were to disclose what they had done to a new lender for a different property, that lender wouldn't approve them for a loan...they might report them for fraud. You simply can't decide for yourself that you are assigning a mortgage. This goes beyond fraud, in my opinion: Because the original borrower and the buyer are joining together to defraud the original lender, it could be considered conspiracy. For all I know this practice may be a violation of the RICO statute. That will get you a place in a federal facility for a long time! If anyone can prove that I am wrong, please feel free to write me at mail AT questfundingservices DOT us.
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