I hope everyone had a good Memorial Day weekend. I spent mine in Houston, Texas getting training for SEO.
I've been getting emails from some of my lease option real estate investing students lately about numbers on their deals and some of you are willing to pay too much right now for your rent to own deals. Many areas of the country are down real estate markets and if you pay too much you are going to find yourself upside down when the time comes for your tenant-buyer to purchase your lease option deal.
It's very important to stick to your guns about buying right in these kinds of real estate markets with your rent to own homes. Use the profit calculator I have in my lease option investing course so you can make sure your numbers work. Remember, you don't get paid until you sell and if you are upside down you aren't going to be able to sell your lease option investment.
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When Wendy Patton first got started with real estate investing she thought no money down meant using credit cards to make the down payment. Take a look at this video to see just how many real estate investing deals she did with credit cards early on.
It took a few years but Wendy Patton learned better. No money down real estate investing is much better done with lease option or rent to own deals. Now Wendy Patton is one of the nations leading authors and trainers in no money down and low money down real estate investing with lease options or rent to own. In fact she has a lease option training bootcamp coming up in June that will cover in depth training in lease options and other soft market real estate investing techniques.
Tags: Lease Option, lease option investing, lease option investing training, Lease Option training, Lease Options, real estate investing, real estate investing training, real estate investor, Rent-To-Own, rent-to-own investing, rent-to-own investing training, Rent-to-Own training, rent-to-owns, Wendy Patton
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