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How to Create Multiple Streams of Income Buying Homes in Nice Areas With Nothing Down

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Title: How to Create Multiple Streams of Income Buying Homes in Nice Areas With Nothing Down
by David Finkel, Peter S. Conti
ISBN: 1-893384-00-4
Publisher: Mentor Financial Group, LLC
Pub. Date: August, 1999
Format: Paperback
Volumes: 1
List Price(USD): $19.95
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Average Customer Rating: 4.41 (56 reviews)

Customer Reviews

Rating: 5
Summary: Definitely buy this book!!
Comment: 'A reader from California' - you don't know what you're talking about. And I wonder how many properties you actually have?

Having left my 6 figure full-time senior management position for want of a better and fuller life, I stumbled across Peter and David's book in my research on property. What a gem it is!

After reading the first two chapters, every word of it made sense. I have just sold off a property the traditional way and now only have three remaining. However, I'm gearing myself up to implement Peter and David's strategies (or as much of them as possible) for any future deals. Why? Because they make absolute sense and make it the easiest path to real estate investing.

Yes, I agree there are many people spousing themselves as real estate gurus making millions in seminars, because I have attended them. Some of them I have wasted my money. But don't throw out the baby with the bath water, these guys speak experience and have the track record to prove it.

If you look into the follow the evolution of all these seminar gurus, you will find that they all lead back to a few founding people - of which Peter and David are of a handful of those founders. The others are basically copy cats and derived from them.

This book isn't for the faint hearted. If you want real techniques for buying and selling property that will literally propel you, and are prepared to step out into new territory and make some mistakes along the way, get this book. You wont be sorry.

Rating: 5
Summary: The Best Written Step-By-Step Investing Book
Comment: I just finished reading the 2001 paperback revised edition. This book is written in easy to understand layman english. It even tells you what to say when you call the seller, called a "Quick Sell Script". One of the problems I've found with many investment books I've read is, they don't give you the "Point A to Point Z" how -to -steps to accomplish the task. On a scale of 1 to 5 I give this book a "10"!! Also, if you do a little research on these two guys, you will find out that they are also investors not just writers!!!

Rating: 5
Summary: Great Book ! Just get the facts!
Comment: I just got the book and realized that it is exactly what I've been looking for. I've found the book very easy to read, very understandable and more straight forward than other books I've found on Purchase Options.

Don't be scared by the "Due On Sale Clause." There is nothing unethical or illegal about selling a property subject to existing financing. This doesn't violate any contractual commitment the borrower has with the lender, it simple invokes a right that the lender has and will probably never exercise because it is simply not to their advantage to do so. As a smart investor you simply must consider the possibility that the originating bank could exercise this right and understand what your options would be.

If you been thinking about starting REI -- This is a good place to start.

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