Posted by Terry (Houston) on February 18, 2001 at 22:55:48:
The question, as I read it, is that she is a beginner trying to learn the ropes.
I know a lot of people that make a great living flipping properties. So it is not so unbelievable but I don’t think Sheets is going to cover it.
And, if done correctly, she should not have to use this money to invest in good areas.
Taking a property subject to or lease option doesn’t cost much, if anything, at all. Then there is always OPM that is great to use.
That may be a little further down the road however.
Hope this helps and happy investing!