You don't want to have to stop and educate the closer as to what a lease purchase or subject to deal is.

I am new to real estate and very broke, can I please get a copy of any Robert Allen tapes and/ or books or pdf copies of lectures for "educational purposes ONLY" and not for resale.Thank you in advance

In other words, use the internet at your own risk.That said, as others have brought up, it is extremely important to have a strong real estate education so you are able to determine what is a good deal and what is not.

You will give up a lot of leverage, however, if you lock in on one particular house.If the bank has taken over the house, it may take a while, potentially several months, to get it onto the market.

Doing is the best education, of course it helps to have a good mentor or experienced partner by your side to guide you in the right direction, and keep you on the right path.

You should continue to save, establish and protect your credit rating, and keep on educating yourself by reading everything you can - sounds like you have a great start in that area.

Some people would argue that you should use OPM to the largest extent possible, even if it means leveraging yourself to the point where you risk being upside-down on properties if values decline.

I am thinking about purchasing some rental properties and I am trying to educate myself on the proper way to go about doin it.

At the end of the cycle you not only have a huge source of leverage but you have a check in hand every month to buy what ever you want.

Just please don't feel like you have to spend thousands of dollars on some guru course to begin.haha yeah that what i was thinking of buying a "course" online that comes with like 12 audio cd for like 40 bucks i doubt i would ever pay anything over 1k on a RE course i rather read books , listen to tapes, and go on bigger pockets.Yeah, that is a good idea.Don't get me wrong, there is nothing wrong with education, just make sure the education you are paying for is quality and you are getting the return on it you need.For example, if you get some material off ebay and decide you would like to do lease options, then you could read a book or two on lease options and go out and do them.