In doing that, you get a chance to learn from them.  

NOW on the flip side if you succeed in NEVER losing money in real estate you never really took chances to make big money. bigger risks bigger rewards! 

Ever since I got the chance to start training people on real estate investing, I have got a chance to see real estate markets first hand nationally and I have also done some overseas mentorship and got to see the real estate market in several spots in Canada (B.C.

We also mow student rentals, gives you a chance to see how they keep things.

@John West Chances are if the house is worth 150K using a 75%LTV lender approval you can take down a loan from a conventional lender for around 112.5K on a delay refi or with a 6 month seasoning requirement.  

Most investors who are able to provide the value as a mentor are also quite busy and bringing something to the table ups your chances.

If you have a ton of experience and there is not too much risk on the money and a very good chance of making a large profit, then giving you a larger share of the profits might make sense if it's a better return than he could get in the stock market.

Hey gang, I have the chance to put an offer on a property in FL.

An option doesn't grant an equitable interest in the property, but only to the contract, you tax issues will apply to an installment sale and if the lease-option is not properly devised (and chances are very good it won't be) you'll trip the installment sale matter if the deal is for over 12 months and taxes will be owed.  

If you made to court and obtain a judgment,  you have very little chance of collecting.