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Buying Real Estate Without Cash or Credit Paperback – August 15, 2005

ISBN-13: 978-0471728313 ISBN-10: 0471728314 Edition: 1st

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Product Details

  • Paperback: 256 pages
  • Publisher: Wiley; 1 edition (August 15, 2005)
  • Language: English
  • ISBN-10: 0471728314
  • ISBN-13: 978-0471728313
  • Product Dimensions: 7.5 x 0.5 x 9.3 inches
  • Shipping Weight: 8.8 ounces (View shipping rates and policies)
  • Average Customer Review: 3.8 out of 5 stars  See all reviews (29 customer reviews)
  • Amazon Best Sellers Rank: #396,336 in Books (See Top 100 in Books)

Editorial Reviews

From the Back Cover

FREE $1,595 Quick-Start Real Estate Success Program! See page 217 for details.

Buy Real Estate Without Cash or Credit!

Imagine having two multi-millionaires take you by the hand and personally mentor you to get started making big money investing in real estate. That's exactly the step-by-step coaching you'll get in Buying Real Estate Without Cash or Credit, as Peter Conti and David Finkel, two of the nation's leading real estate experts, walk you through the fastest and easiest ways for you to launch your investing business.

You'll learn the same secrets, strategies, and organized action plans that their past mentorship students have used over the last decade to make millions. Best of all, you'll learn exactly how to do it without cash or credit!

This book will show you the fastest way to succeed investing in real estate—step-by-step, action-by-action, strategy-by-strategy.

You'll learn:

  • The 5 fastest ways to close your first deal in 30 days or less!
  • 21 scripts to negotiate profitable win-win deals
  • The 6 best sources to fund your "nothing down" deals
  • 7 ways to maximize your cash when investing

"This book is a must-read for anyone who wants to live the American dream but thinks they can't invest in real estate for lack of cash or credit. Conti and Finkel make it simple to understand and easy to achieve."
—Attorney William Bronchick, coauthor of the bestselling book Flipping Properties

"David and Peter have done it again! They've taken their proven millionaire-making real estate program and broken it down into easy-to-use steps that anyone can use. This book will tell you how you don't need cash or credit to succeed in real estate investing."
—Diane Kennedy, CPA/Tax Strategist, coauthor of The Insider's Guide to Real Estate Investing Loopholes

About the Author

Ex-auto mechanic turned real estate multi-millionaire, PETER CONTI and ex-Olympic level athlete turned real estate multi-millionaire DAVID FINKEL are two of the nation's leading real estate experts. Over the past 10 years their 100,000 students have literally bought and sold over $1 billion of real estate. Conti and Finkel have coauthored 15 real estate courses together and three other real estate bestsellers, including the Wall Street Journal and BusinessWeek bestseller Making Big Money Investing in Foreclosures Without Cash or Credit.

More About the Author

Peter Conti went from auto mechanic to self-made millionaire in 3.5 years by using his creative methods to profit from both residential and commercial real estate. He has mentored thousands of investors all across the world by helping them to get started investing by flipping houses, doing commercial back flips, and purchasing all types of real estate properties.

Peter Conti and his business partner Jerry Norton share tips, strategies and ideas they've discovered from actual deals with clients on the weekly Flip Guys Podcast which is available for free download from iTunes. You can also get the bonus Flip Guy Video Training, "How to Profit Flipping Houses Without Owning or Managing" at no cost by going to www.FlipGuys.com

Peter Conti and Jerry Norton

Jerry Norton went from digging holes in construction to becoming a full-time real estate investor and self-made millionaire. Jerry has mastered the art of fixing and flipping houses and commercial properties. Jerry Norton and Peter Conti have flipped over 200 properties across the country using the same hands off investing strategies they share on their weekly Flip Guys iTunes podcast.

Peter and Jerry have helped thousands of investors to get started making money in real estate by coaching, encouraging, and providing the funding needed to make all cash offers in today's distressed real estate market.

Jerry works from home along with his wife who home schools their six children. He enjoys, boating, wakeboarding, scuba diving, coaching his kids sporting events, serving in his church, spoiling his wife, vacationing, spending time with his family, and of course, doing real estate deals.

Customer Reviews

3.8 out of 5 stars

Most Helpful Customer Reviews

40 of 41 people found the following review helpful By M. Weidert on October 12, 2005
Format: Paperback
Maybe one expects too much when paying for a book promising substantial information on any topic. While there are nuggets in this book for the novice real estate investor (as I suppose there are in most any book), the majority of the book is a not so subtle advertisement to become one of their mentor students.

For those who have ever been in the sales profession, the saying is to "sell the sizzle, not the steak". This book is 85% sizzle, playing on the target demographics the authors feel may buy the book (i.e. the frazzled soccer mom).

If you need motivation to get started in real estate investing, or someone to give you the emotional O.K., then this is the book for you. If you are looking for real world examples, detailed strategies, etc., you'll need to become a mentor student (surprise, surprise.)

The book rates three stars instead of one or two, because of the few nuggets of information here and there. At this price point, it's not a total waste of money, only a partial waste.
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31 of 33 people found the following review helpful By TE on October 27, 2005
Format: Paperback
Very disapointing for me as a beginner "real estate investor" - I also happen to be a professional salesperson and recognize this book's cheap motivational patter from over 20+ sales seminars I've endured over the years. I made it through 20 pages before I found myself skimming and looking for 'information' rather than bogus dialog between fictional characters who all have a slight aversion to making cold calls, and need the authors to guide them to 'success'.

I will say that if you're looking for an abridged summary of the author's mentorship program than this book is for you... written in a 3rd person style which is ridiculously overflattering, for those who may possibly want to get into a numbers game of banging the phone for 'deals' using the authors homebrew 'schtick'...and a tip to the average reader, unless you're a uniquely cheesy saleperson my guess is their 'schtick' isn't going to work you.

Having said all this, as a salesguy I have to give them kudos for being successful businesspeople - but I'm guessing their success isn't due to real estate...I bought their book after all, and I'm sure many others have too.

So...my recommendation, for anyone interested in knowing "who you need to know" and "what you need to look for" and "what types of questions to ask a seller" and "how to calculate return on investment i.e. cash-on-cash" I strongly suggest the "Rich Dad's Advisors®: The ABC's of Real Estate Investing : The Secrets of Finding Hidden Profits Most Investors Miss (Rich Dad's Advisors) by Ken McElroy"... now that's a book with some facts and guidelines... How you get yourself motivated is your own business, this guy tells it like it is and lets you go to work.

Of course everyone has an opinion, and this is just my 2 cents - I can only hope it saves you the trouble of reading this book!
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26 of 27 people found the following review helpful By E. Forrester on October 16, 2005
Format: Paperback
I found this book insulting at times. It is a poorly veiled attempt to get people to fork over the thousands of dollars for their mentorship program. A lot of sections are told from the narrative of some "newbies" to the program and how the support they received from the conference calls get them going.

Almost nothing of substance on anything that the title suggests would be covered.

Dont waste your time on this one. You will nothing new that you did not pick up from their first book "Buying Homes in Nice Areas", which I would recommend.
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21 of 22 people found the following review helpful By Ryan Parnow on October 16, 2005
Format: Paperback Verified Purchase
I have read three of Dave and Pete's other books and thought those were so much better. This book is supposed to be the first in a series of three books about getting to be a "level 3" investor, someone that earns $5k to $50k monthly on a passive basis. I did learn a few things from this book, and found it to be motivating, but as a Dave and Pete fan, I was very disappointed. The book is just a huge advertisement for their mentorship program. The book is from the perspective of a few new mentorship students and their experience at the first intensive training session.

If you have read any of Dave and Pete's other books, don't bother with this one. If you haven't read any ofDave and Pete's books, I would definately recommend them. Just not this one.
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12 of 13 people found the following review helpful By K. George on May 14, 2006
Format: Paperback
After reading this book, and working through the Investor Fast Track, I know that my net worth is more limited by my mindset or "WOS" (wealth operating system), than it is on finding good deals. Jim Rohn says all millionaires have libraries in their homes. Any real estate investor who wants to become a millionaire needs to have this book! I started investing 2 years ago after attending a local real estate seminar. With a limited amount of knowledge and a whole lot of inspiration, I started buying houses. Until this book, I have been learning through experience. I wish that I would have read this book before I began. It has a step by step easy to understand approach. It's not only good for a beginner but for someone who is stuck and not sure that they want to proceed. It gives you the knowledge and confidence to keep going. The free Investor Fast Track is worth a hundred times more than the full price cost of this book. It enables you to recognize, evaluate and improve your ideas about wealth in order to find out what is holding you back from doing million dollar deals. All I can say is thank you David Finkel for sharing your expertise with me. From now on the sky is the limit - that is if there has to be any limit at all.
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