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All Forum Posts by: N/A N/A

N/A N/A has started 2 posts and replied 3 times.

Hello Investors,

I'm looking into a mentoring program with David Finkel and Peter Conti. I've read their book "Making Big Money Investing in Real Estate Without Tenants, Banks or Rehab Projects." It's all about the purchase option system. This type of investing interests me because it doesn't require conventional financing.

After reading this book I realized I want to hire a mentor. I want more guidance before jumping into the investing world. These two men offer such a program.

I'm curious if anyone has gone through this program -- or has heard anything about it. I'd rather not go through a several thousand dollar mentoring program -- then learn it doesn't work.

Any comments are appreciated.

Thanks

Mike Muller

Post: Purchase Options

N/A N/APosted
  • Posts 3
  • Votes 0

I've heard it called lease options, purchase options, lease purchase options. I'm likely forgetting other names.

It's essentially finding a desparate seller, then lining up a buyer on a rent-to-own basis. You're essentially serving as a middleman. I'm speaking about residential real estate, not commercial.

Did this clarify things?

Post: Purchase Options

N/A N/APosted
  • Posts 3
  • Votes 0

Hello everyone,

I am brand new to this forum and happy to be a part of it.

I'm a freelance copywriter -- looking to start my second business as a real estate investor. In the past I've worked for building rehabbers. I couldn't believe the costs involved. It was rewarding work but I found it time consuming and back breaking.

I've become familiar with purchase options lately. Sounds like a great way for newbies investors to get started. I'm curious what success people on this forum have had with this type of investing.

Feel free to contact me privately as well.

Thanks!!

Mike Muller