Please, Someone Give Me Some Good Advice
I have many rentals. I have purchased property with no money down, had owners hold financing with no $ down, and have bought one foreclosue dirt cheap. I WANT TO LEARN CREATIVE FINANCING AND HOW TO STRUCTURE DEALS FOR SUBJECT TO AND FORECLOSURES. I have just bought John Locke's course. I was thinking a mentoring program may advance my learning quicker than I could myself. Please give me your opinions and course or mentor suggestions if you folks have any! 
What else do you want?
You just got John Locke's manual!!!
Just read it and learn it, if you have questions, e-mail or call John.
Can't get better than that!
Success to you!
Ladybug
upstatenylandlady,
"I have many rentals. I have purchased property with no money down, had owners hold financing with no $ down, and have bought one foreclosue dirt cheap."
YOU look like you are doing JustFine in CREATIVE...REI....
"I WANT TO LEARN CREATIVE FINANCING AND HOW TO STRUCTURE DEALS FOR SUBJECT TO AND FORECLOSURES. I have just bought John Locke's course."
Just read it and READ it as many times as YOU think it would take YOU TO TEACH IT!!!...
...but, before YourFirst SUBJECT TO DEAL...
Run it by your lawyer, to make sure that the course, YOU use, is OK with him!!!
"I was thinking a mentoring program may advance my learning quicker than I could myself. Please give me your opinions and course or mentor suggestions if you "
DON'T Bother,...if you learn it RIGHT...
...money spent on a MENTOR is a WASTE..
YOU can find a mentor ...ForFree, at Your LocalREI Club.
....as always,
GoodInvesting, Rocky
Rocky,
Good advice.
[addsig]
I second that motion, Rocky!
Mrs. Meltzer
Deeds of trust or mortgages have had due on sales clauses for at least 15 years.
So, to find a 15 year old house which can be taken "Subject to", it should have almost doubled in value.
If it did, you should need a lot of cash to buy the equity (take subject to) and take over the older high interest loan.
If it has not almost doubled in value -- then are you looking at the right property.
So, please tell me: Are residential single family properties being found than can be taken subject to with little cash down.
How can this be?
Thanks for all your advice, guys! I guess I'll keep reading and plugging away. I have an appointment set with my lawyer next Thursday. Your help is appreciated!!