How To Find Your Mentor for SubTo, Seller Finance & Wraps & Creative Finance

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How To Find Your Mentor for Sub To, Seller Finance & Wraps (Part 4 of 4 )

First you should figure out what kind of investor you want to be:

Here are some Types of Investors:

Single Family Houses	Larger Muti Family	Builder
Rentals	Auctions	Private Lending
Duplexes	Offices	Cold caller
Rehabbing	Strip Malls	Acquisitions
Fix & Flip	Car Washes	Mobile Homes
Short Term Rentals	Storage Units	Land
Medium Tern Rentals	REITs	Transactional Funding
Long Term Rentals	Commercial	Tax Investing
Foreclosures	REOs (Bank Owned)	Wholesaler
Fourplexes	Syndication	Hard Money Lending
Disposition

And Related Jobs

Real Estate Agent	Escrow Agent	Loan Officer
Title Officer	Appraiser	Inspector
Property Manager

And Then You Need To Decide On Which Method You Will Be Buying Properties

I Have Plenty Of Money	Hard Money	Seller Financing
So I’ll Use Cash 20% Down Rest From The Bank	Relatives TSP	Land Contracts Lease Options
SDIRA	Win The Lottery	Sell Things I don’t Need
Solo 401(K)	Subject To	Wraps
Pension	HELOC	1031 Exchange
Private Money	Friends	RRSP (Canadian)
Joint Venture	Capital Partner	Penny Jar at Home

1. .
2. There are bonafied Mentors who sit with you and develop a plan according to your needs, wants and desires. Then they implement that plan with you. They teach you “one on one” and teach you marketing, how to find properties “off market” using Creative Finance (Subject To, Seller Finance, Wrap”), what to avoid and how to handle problems when they arise and when to use each technique.

1. They help you plan a career of investing. They help you close transactions, and they provide the wisdom on asset protection, how to stay legal, ethical and how to avoid getting sued. They provide weekly calls and keep you motivated and going in the right direction. They typically charge between $15,000 to $20,000 per year for personalized training. That typically cuts 2 years out of the process of learning real estate investing.

1. Make sure you have a Personal Consultation (Conversation) with the person you are paying to train you. Make sure it's a good fit. If that person (Mentor/Guru/Coach/Teacher/REI friend) is too busy to talk to you personally, he sure won't be there when you need him.

This works in CA TX AZ FL IN OH TN AR GA and remotely in VA NY IL & others

More: Start at beginning of Information at **Post 1**

https://www.biggerpockets.com/forums/311/topics/1153120-how-...

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