TIA
I have it.
It was an ok book but wasnt very informative to me… I can send it to you if you like no charge you pay shipping thou only if you want it
New packaging, but same ol’, same ol’. The fact that someone is offering it to you for free should give you an idea of its worth.
Was it uninformative because you knew the stuff already or because there wasn’t a lot there?
TIA
What would you recommend for info on Sub2 and lease/options?
TIA
Not being well versed in Sub2 I can’t suggest a course or author for it. I’m sure there are others here who can.
As for lease options, my personal favorite is Michael Carbonare, over at The Naked Investor. See my sig for a link.
I honestly don’t feel books will give you enough information. Books gives you an overview of what you can do while courses and bootcamps tells you how to do it. Courses however, are much more expensive.
Check John $Cash% Locke’s course on sub2.
I’m specializing in sub2s now. I have done several. If you would like I’ll help you for free. It’s no problem.
EH
Did yu get my email?
No sir,
I have not gotten your Email.
His e-mail address is in his profile. Don’t make “contact me” posts…
Thanx,
Keith
Moderator
Sorry,
I didn’t mean to break the rules.
But do realize I did email him first and nothing happened.
Hit him with a PM…
Keith
I did that, we are communicating that way now.
Thanx…otherwise, it becomes a big “feeding frenzy”…
Keith
As someone who has read Pattons book… as well as seen her in action (here in Michigan where she hales from) STAY AWAY!
Could you please elaborate?
Is her advice bad, is she shilling for money or both?
TIA
I won’t dive into the local gossip… but I think that most of what has been said to this point about her book is what I found.
Basic L/O information. But… not a bad place to start if you are wondering how the L/O system can work.
The general bit of local information that I will share is that I have heard from several Mortgage Brokers and Titile Co. people that think the kind of sandwich L/O system that sheis outlined in the book is not passing the smell test when it comes time for the Tenant Buyer to Re-fi out of the L/O. What I have heard is that several followers of this system, could not get Title companies and Mortgage companies to RE-FI the loans which has resulted in many lawsuits. As I have checked in with people that I know and trust… red flags were thrown all over the place as a disaster waiting to happen.
So, right now I still believe in L/O as a viable exit strategy for some of my properties… and have used it succesfully… but not sold on the Sandwich L/O system. With the latter I would proceed with caution and not believe all the hype of this and other books… as is the case with most “guru” systems.
What is a sandwich deal?
TIA
A “Sandwich” Lease Option, As Patton and many others term it is when an investor purchases a property via a Lease Option (L/O) with the right of assigning, then turns and L/O the property with a higher spread. Thus, the investor is the “Sandwich”.