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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
 
 
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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 (Paperback)

~ (Author) "Lease options and subject-tos are ways to purchase real estate, usually with very little or no money down, sometimes even with money back in the..." (more)
Key Phrases: wendy patton, lease option sellers, how lease options, Negotiating the Deal, Majestic Realty, Evaluating the Profitability of the Deal (more...)
4.6 out of 5 stars  See all reviews (36 customer reviews)

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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 + How to Make Money With Real Estate Options: Low-Cost, Low-Risk, High-Profit Strategies for Controlling Undervalued Property....Without the Burdens of Ownership! + The Pre-Foreclosure Property Investor's Kit: How to Make Money Buying Distressed Real Estate -- Before the Public Auction
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Editorial Reviews

Product Description

With 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

From the Back Cover

With 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


Product Details

  • Paperback: 272 pages
  • Publisher: Wiley (June 23, 2005)
  • Language: English
  • ISBN-10: 047171836X
  • ISBN-13: 978-0471718369
  • Product Dimensions: 8.9 x 6 x 0.8 inches
  • Shipping Weight: 12 ounces (View shipping rates and policies)
  • Average Customer Review: 4.6 out of 5 stars  See all reviews (36 customer reviews)
  • Amazon.com Sales Rank: #83,611 in Books (See Bestsellers in Books)

    Popular in these categories: (What's this?)

    #73 in  Books > Business & Investing > Investing > Options
    #89 in  Books > Business & Investing > Investing > Investments

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Wendy Patton
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Customer Reviews

36 Reviews
5 star:
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Average Customer Review
4.6 out of 5 stars (36 customer reviews)
 
 
 
 
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26 of 30 people found the following review helpful:
5.0 out of 5 stars "The Wendy" Trumps All with Lease Options!, July 9, 2005
Whether you want to focus on subject-to's or lease options exclusively, or you just want to add another plug-and-play strategy to your other real estate investment business model, this book must be on your desk (not up on your shelf)!

Wendy's strategies are for new and veteran investors alike. More importantly, Wendy's lease option strategies and tactics provide some cash now, cash flow now and later, and a big cash payload down the road. This book gives you the knowledge and tools to start building your cash pipeline this very day.

Take it from me, a dyed-in-the-wool rehabber/wholesaler, I should have started building my lease option cash pipeline years ago...imagine all the paydays along the way I would have had! But now you and I have no excuses, so Carpe Diem!
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25 of 29 people found the following review helpful:
5.0 out of 5 stars Factual detailed well written book., August 9, 2005
By William B. Janiga (Northville, Michigan) - See all my reviews
(REAL NAME)   
This book provides an excellent insight into using a "lease option and sujbect to" method of acquiring and or controlling property. I believe this is a great way to help someone build a real estate investment portfolio. Wendy's book also contains check lists (page 111) and phone scripts which are very helpful. The check list alone was worth the price of the book. As an investor, if you enjoy the book and find it helpful, then Wendy Patton's training course is fantastic. I attended the course, and noted very qucikly that it is Wendy that teaches the course not a substitute. Also whenever she spoke about a document of any kind, you were provided a sample which adds to clairity of understanding. Her course also provided hands on time in actual homes. As a licensed builder and real estate agent, also investor, it is my personal opinion that Wendy Patton's class/training was one of the top two classes that I have attended over the last several years.
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14 of 15 people found the following review helpful:
4.0 out of 5 stars Very useful - but be wary of some broad assumptions, November 20, 2006
This book is a great one to get you acquainted with lease-options and subject-to's. Wendy takes you step by step through the process, and also gives you checklists to refer to as you put your deal together. She does however make some broad assumptions from time to time about when either type of contract is beneficial and why. For example, she mentions that owners with good credit are more likely to entertain a lease-option than a subject-to. This is not always the case. Sometimes owners with bad credit are looking for a "leg up", but don't want to surrender title. In that case, they actually might prefer a lease-option. Also in my experience, many owners with good credit prefer a subject-to because they want their name off the title, but don't want to deal with the tax hit of selling the property outright, right now. If they enter a subject-to, they can have their mortgage payments made by the investor, and give them time to have the property reclassified from "primary residence" to "investment property". They can then do 1031 exchanges tax free once the investor is ready to close (usually more than 1-2 years down the line.

Overall though, this book is a must if you want to learn about the ins and outs of lease-options and subject-tos.
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Most Recent Customer Reviews

5.0 out of 5 stars One Of The Most Informative Real Estate Books I Have Read Thus Far
I absolutely love this book.I received it within a week of ordering it. I ordered it directly from Wendy's office in Michigan. Read more
Published 19 days ago by Bobby Norward

5.0 out of 5 stars Good book
A must read if you are planning on getting into this area of investing. Author is alos highlighted in Gary Kellers Millionaire Real Estate Investor.
Published 2 months ago by B. Perry

5.0 out of 5 stars A step-by-step explanation of lease options and subject-tos
I had a chance to hear Patton speak at a seminar several years ago and she is fabulous. She really knows what she is talking about. Read more
Published 2 months ago by Mariusz Skonieczny

5.0 out of 5 stars Great book, Great purchase!
I'm glad I bought this book from Wendy Patton. She mailed it to me herself! It was a good price, lower than other sellers, and I enjoy reading it. Read more
Published 3 months ago by Amir M.

4.0 out of 5 stars Excellent read. Highly recommended
I've been studying real estate investing for about 5 months. This is a great book about lease options and S-2. Read more
Published 5 months ago by the recollective

5.0 out of 5 stars Lease Options and Subject To Deals.
Great book. I highly recommend reading this if you are interested in getting into real estate investing. Read more
Published 7 months ago by dp

5.0 out of 5 stars Best book on the subject I've ever read.
Pretty much all REI books are advertisements for expensive course studies and/or bootcamps. There really isn't any way to really teach someone to be a successful investor without... Read more
Published 12 months ago by Scott Meadows

5.0 out of 5 stars Good Book for Real Estate Investing in 2009
Recently I finished reading Investing in Real Estate with Lease Options and Subject-To Deals by Wendy Patton. Read more
Published 13 months ago by Joanne Musa

2.0 out of 5 stars Infomercial on Real Estate Speculation
This book is not for the regular guy on the street. If you are a Real Estate Speculator or want to be one then you need this book. Read more
Published 16 months ago by M. Badr

4.0 out of 5 stars An all aound picture of the Lease Option Method
I really found a great deal of useful information in this book familiarizing and guiding the reader through the lease option concept. Read more
Published 18 months ago by Majid Reza Javaheri

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