Investing in Real Estate With Lease Options and "Subject-To" Deals: Powerful Strategies for Getting More When You Sell, and Paying Less When You Buy
This book shows novice investors how author Wendy Patton and thousands of other Americans--including well-known real estate developers and business moguls--use lease options and subject-to deals to control valuable property without necessarily owning it. The cost of purchasing an option or subject-to deal is a fraction of what it costs to buy a home. That's why these kinds of deals are typically found in every serious investor's portfolio. Sharing the secrets and strategies investors use to profit from low- and no-money-down deals, Patton gives investors all the information they need to succeed.
"Finally, a book that explains lease option and subject-to deals in depth and detail. This book is essential for anyone who wants to make money in real estate without using a lot of cash or taking on a lot of risk. A gold mine of great information."
--Robert Shemin, New York Times bestselling author of Secrets of Buying and Selling Real Estate?Without Using Your Own Money!
"Few can rival Wendy's knowledge and experience with lease option and subject-to deals. This is a must-read for beginning and advanced investors and the real estate agents who serve them."
--Gary Keller, New York Times bestselling author of The Millionaire Real Estate Investor
"The techniques Patton teaches here are invaluable--especially for working with Realtors and still getting properties for little- or no-money-down. The detail in this book will make you want to read every page."
--Albert Lowry, PhD, New York Times bestselling author of How You Can Become Financially Independent by Investing in Real Estate
PART 1: AN INTRODUCTION TO LEASE OPTIONS AND SUBJECT-TO DEALS.
CHAPTER 1: How Lease Options and Subject-Tos Work and How They Can Set You Up for Future Financial Freedom (FX3).
CHAPTER 2: Success Stories of Buying on Subject-Tos and Lease Options.
PART 2: STEPS TO BUYING PROPERTIES ON LEASE OPTIONS AND SUBJECT-TO DEALS.
CHAPTER 3: Finding Motivated Sellers for Lease Options and Subject-Tos.
CHAPTER 4: Lease Options versus Subject-Tos: Choosing the Right Technique for the Right Situation.
CHAPTER 5: Evaluating the Profitability of the Deal.
CHAPTER 6: Negotiating the Deal: Steps to Buying on Lease Options and Subject-Tos.
CHAPTER 7: Getting the Paperwork Ready for a Lease Option Deal.
CHAPTER 8: Getting the Paperwork Ready for a Subject-To Deal.
CHAPTER 9: Advanced Concepts and Strategies for Buying on Lease Options and Subject-Tos.
PART 3: HOW TO GET REALTORS TO HELP YOU DO LEASE OPTIONS.
CHAPTER 10: Building Rapport and Sharing Lease Options with Realtors.
CHAPTER 11: Closing Deals with Realtors.
PART 4: STEPS TO SELLING PROPERTIES ON LEASE OPTIONS.
CHAPTER 12: Finding and Qualifying a Good Tenant-Buyer.
CHAPTER 13: Getting the Paperwork Ready for the Tenant-Buyer.
CHAPTER 14: Managing the Property and the Tenant-Buyer.
CHAPTER 15: Closing: The Big Payday.
CHAPTER 16: Advanced Concepts and Strategies for Selling on Lease Options.
PART 5: CREATING FUTURE FINANCIAL FREEDOM—FX3.
CHAPTER 17: Business Organization for Lease Option and Subject-To Investments.
CHAPTER 18: Where to Go from Here: A Step-by-Step Action Plan.