Posted by JT (CA) on April 22, 2002 at 09:21:59:
I’m also a still a newbie but have been studying creative real estate for about two years.
My suggestion is to try and find a course which will teach you how to buy properties “subject to.” One such course is “The ABC’s of Subject To” by Charlie and Randy France. Check out the “How To Articles” on this site and you’ll learn a little about how to do what JohnBoy talked about.
I bought the course and am learning it still but the idea I want to leave you with is, buy a course on learning how to do creative deals, especially “Subject To” because it works anywhere. Invest in your learning, I recall someone saying somewhere “The cost of ignorance is greater than the cost of education.” It’s better to know, in many cases, than not to know something and you end up in legal trouble.