The key to this planning technique is that the NRA may not retain any interest in the Trust. 

Gave me practical experience finding deals (and the tools & techniques involved), working with realtors, lawyers and banks, appraisals, inspections, insurance, property taxes, utilities, closings, HUD statements, etc.Owning a home gave me more practical experience in basic to moderate home repair, dealing with contractors for more complicated issues, capital improvements, insurance claims, "neighbor relations", and many more important aspects involved with owning property.But in addition to buying and owning my own home, I'll say what was equally important to giving me confidence to get started was having a few friends who were already doing what I wanted to do. 

Be ready to refinance with more traditional methods or flip as soon as possible.Yes, people did used to do that, but I doubt if that technique is still much in use today.

But I didn't hear the 4 techniques ... can somebody fill me in on the other one please?

I heard that there are many reselling techniques that people do on ebay and that brings them extra income.

I will use that technique.

My question is, how many of you that are using these creative finance techniques have actually put some proper stress-testing on your portfolio?

Find out techniques to convince them that even though I don't have some six figure some to bring to the table I'm not just some dead weight trying to leech off them.

I could use some guidance here.I'm looking at a scenario and I'm new, so any ideas or inputs would  be great.I know a guy ready to give his house over to the bank because he is going broke.I'd like to try and buy his house for a great deal and make it a rental and I'm trying to think of the best technique. since Interest rates are high right now, I dont wanna open a new loan and get locked in at a high interest rate on a potentially long loan. so I was thinking about that promissory note idea. where I promise him to pay his loan payment and it stays in his name, assuming he has a better interest rate than what I could get. any ideas on that tactic?

Additionally, I feel calling my contacts up on the weekly to discuss listings without being able to physically see the properties may exhaust the relationship.Have any of you faced this challenge, and if so, what techniques did you use to help overcome this?