The different types of lease option deals explained by. The thing about lease option is they are pretty simple on paper, but can. A guide to investing in real estate when lending is tight without needing a mortgage, good credit, or a down payment. In investing in real estate with lease options, wendy patton shares how to do a sandwich lease option with stepbystep instructions, prewritten scripts of what to say to buyers and sellers, and more. Wendy patton is an incredibly smart woman who i now look up to she give great advice from conception to execution to followup and everything in between. How lease options earn you taxfree and taxdeferred money. With that objective in mind, a lease option makes a whole lot of sense. Over the last 23 years wendy s systems have been tweaked and perfected in the world that really matters the real world. Lease agreements and option contracts are separate agreements. Sub2 in my opinion is for the short term, like fix and resell strategy.
For more than 30 years, ive used the sandwich lease option system to earn myself and my students millions of dollars. Full disclosures and tenant agreements specific to a. Email to deal with wendy lease option business building, in a real estate investing is. But there are times when i need to back up a little and start from the beginning for readers who are new and excited about a career with the tremendous opportunities that sandwich leas options provide today, tomorrow, and every day truth be told, today you shouldnt have any outofpocket expenses with sandwich lease. If youre interested in leas option real estate investing at all you need this book. Her first book titled investing in real estate with leasing options and subjectto deals. Wendy pattonfollow the irs treats a retirement account owning real estate or lease options contracts exactly the same as a retirement account. This book shows novice investors how author wendy patton and thousands of other americansincluding wellknown real estate developers and business mogulsuse lease options and subjectto deals to control valuable property without necessarily owning it. The potential for profit is great and the costs of getting started are low. During this option period the buyer leases the home from the seller. With lease options and subjectto deals, investors can control properties worth much more than what they could normally afford to purchase.
It shows you how easy it is to find buyers and sellers to do lease options. Its important that sandwich lease option investors keep disclosures and tenant agreements completely separate from the purchase option documents. Her first book titled investing in real estate with lease options and subject. That means being careful with the terminology and phrasing of the documents. The other book i purchased is from thomas lucier i learned a lot from his preforeclosure investing book so hopefully his lease options book as good as his other books. Wendy patton is a published author and well known public speaker.
Becoming a real estate agent by wendy patton books on. As an investor, youre running a simple small business which entitles you to write off all of your business expenses. Her real estate savvy and great depth of experience and knowledge has helped her in orchestrating the most complete and easy to follow, lease option program in circulation. Powerful strategies for getting more when you sell, and paying less when you buy by wendy patton jun 23, 2005 4. Back to basics with sandwich lease options lease option. Powerful strategies for getting more when you sell, and paying less when you buy.
In investing in real estate with lease options, wendy patton shares how to do a sandwich lease option with stepbystep instructions, prewritten scripts of what. New update course, on order, real estate, trading courses, seminars, videos tags. See more of wendy patton limitless options, llc on facebook. Powerful strategies for getting more when you sell, and paying less when you buy by wendy patton rotate log in or sign up to reply. The excellent ideas used herein can be easily translated for use in any type of real estate transactions. Investing in real estate with lease options and subjectto deals book. Your complete guide to understanding sandwich lease options wendy patton a guide to investing in real estate when lending is tight. How to engage motivated sellers lease options youtube. Before you even start the plan read my ebook, sandwich lease options. This is wendy pattons complete leaseoption system, which includes all four lease option courses.
Aug 30, 2011 in addition to thoroughly describing leaseoptions, the book covers how to research the market, purchasing, preparing, marketing and finding the right tenants. Full disclosures and tenant agreements specific to a sandwich. Real estate investment training courses wendy patton lease. Investing in real estate with lease options and subjectto deals. Your complete guide to understanding sandwich lease options. Real estate investment training courses lease option. Buying on sub2 ypu need to have a strategy if the loan is called due. Buying on lease options and either assigning or sandwiching is legal in sc, but i would be licensed. Before writing the lease option forms and contracts, be sure you know the legal requirements in your state and local.
I told her that i wanted to help my friend sell his house. Rent to own and lease options for investors wendy patton s lease options. Wendy patton is an author, teacher, real estate investor and licensed broker. Wendy patton sandwich lease options pdf squarespace. Mnreia real estate articles wendy patton the basics of. These courses all include stepbystep instructions on completing a lease option and the contracts to protect you. Sandwich lease options this is everything you need to know. Books by wendy patton author of investing in real estate. By the end of the option the buyer must either purchase the home or forfeit their option fee. I suggest you try them all and decide what works best for your personal style and your specific area of the country. These sandwich lease option deals are perfect for people who want to make money in their first 30 days, but have little to no experience investing in real estate. The cost of purchasing an option or subjectto deal is a fraction of what it costs to buy. I do enjoy sharing the nuances and details about sandwich lease options.
Wendy patton is widely recognized as one of the most inspiring speakers on little or no money down real estate investing. Wendy patton investing in real estate with lease options and subjectto deals available now at, just pay 18. These sandwich lease option deals are perfect for people who want to make money in their first 30 days, but. The objective is controlling as much real estate with a high profit potential as possible. Limitless options 3676 clarkston road, suite a clarkston, mi 48348 office. Cooperative lease options course trading wendy patton wendy patton cooperative lease options. This book will share my secrets and strategies of sandwich lease options with you. During the lease option period, most of the tax deductions go to you as the investor and to the seller. A guide to investing in real estate when lending is tight without. Wendy patton lease option investing expert the objective of real estate investing is not to have as much financial exposure to the market as you can afford. This book shows novice investors how author wendy patton and thousands of other americansincluding wellknown real estate developers and business.
These deductions can offset income and reduce your overall taxes. Wendy patton cooperative lease options quantity add to cart categories. Investing in real estate with lease options and subject. Fillable online sandwich lease options your complete guide to. Wendy patton investing in real estate with lease options. Investing in real estate with lease options and subjectto deals by wendy patton isbn. I just purchased lease option book from wendy patton i read this by borrowing from the public library but i need to look at this more closely. Investing in real estate with lease options is not only an international best seller, it is the best lease option book on the market. Lease options book lease option investing with wendy patton. The buyer and seller agree to an option which gives the buyer the right to purchase the home during a set period of time. An option is a contract that gives an optionee the right to exercise a privilege and in the case of real estate investing, it gives the optionee investor the right to purchase property. Wendy patton is a wellknown published author and public speaker. Lease option forms and contracts wendy patton lease. Powerful strategies for getting more when you sell, and paying less when you buy by wendy patton 3.
Your complete guide to understanding sandwich lease options wendy patton a guide to investing in real estate when lending is tight without needing a mortgage, good credit, or a down payment. Your 2021 action plan for sandwich lease options laptrinhx news. Lease options and subject tos, aka getting the deed are two very popular ways to purchase real estate with little or no money down. Wendy patton wealth building arsenal sense course community. Cooperative lease options, sandwich lease options buying on options and selling on options, and working with realtors. Rent to own and lease options for investors wendy patton. Aug 10, 2005 investing in real estate with lease options and subjectto deals by wendy patton, 9780471718369, available at book depository with free delivery worldwide. Your complete guide to understanding sandwich lease options by wendy patton. Wendy patton lease options real estate investment expert.
Wendy patton buying on lease options trading forex. This book shows novice investors how author wendy patton and thousands. Wendy is a licensed real estate broker and licensed builder with her own real. Jul 08, 2005 investing in real estate with lease options and subjectto deals book. The lease option strategy gives an investor the right to lease a home and also the right to purchase the home during or before the end of the lease period. This book is a must for everyone interested in lease options and subject tos. These courses and contracts buying on a lease option and selling on lease option will allow you to start closing sandwich lease option deals right away.
However, being only 14 and having no experience, he couldnt and didnt know how to enter into a legal contract. Oct 28, 20 ive seen wendy patton books and once i saw her on the internet i called and spoke with beverley kerkes. Nov 10, 2015 wendy patton lease options course analysis pattons courses include buying on lease options, selling on lease options, cooperative lease options, get the deed subjectto, and working with realtors. Investing in real estate with lease options and subjectto. Sandwich lease options lease option investing with wendy patton. Rent to own and lease options for investors wendy pattons. Intro to you wendy patton option forms and difficult to do this humble book.
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