After investigation, doing our due diligence, and three meetings with the Principals we saw the MatrixRealEstateInvestorNetwork a fit for us.So much so, we were invited/interviewed to be on the Board of Directors, a part time paid position.

If you get enough equity, you will still be covered if prices are falling in 2 years when you want to sell.Be very thorough about investigating expenses so you are accurate about how much negative the property will be.

We're Investigating the possibility of a cash out refi to put funds toward more real estate investments, however, if I understand Fannie Mae rules correctly, investor and second home borrowers with five to ten financed properties are ineligible for cash-out refinance transactions if not done within 6 months of purchase.

I'm a good private investigator, and do fine processing the applications, I prefer to pay my own bills, and handle all maintenance issues as we see fit (my husband does HVAC and maintenance by trade) and basically want to know what is going on at my property.

He asked if I normally sent out mailings without my surname attached, which I replied yes, at which point he started going off about how he was a federal investigator and would be looking into the matter.

Why all of these self-called "gurus" get away with the securities commission and are not investigated by the FBI, is mind boggling to me. 

I know lease options are a "touchy" subject but I am very determined to investigate this technique in that this is of extreme importance to me and my brother's financial survival.

I've seen escrow companies do "wet closings" then suddenly... they are being investigated by the DRE LOL

Thx for the replies, with further investigation, the area I was looking  really isn't generating over 10% ROI...I was looking at Spokane and although prices are really cheap there, rents are very limited ...1 and 2 BR units only fetching 400-550.00 a month.

DISCLAIMER - I have yet to investigate restrictions if any as to area, etc.