Wendy Patton
Wendy teaches about lease option buying. She promotes something called “sandwich leasing”. A sandwich lease is where she gets one lease option from the seller and then does another lease option with the buyer. It’s an interesting concept. I bought her course, but never did complete a deal. Honestly, I it’s probably my fault as I didn’t apply myself enough to the process.
Wendy is a sweet lady and does like to help her students. One time, I sent her brownies for Christmas and she did call me personally to thank me. I was shocked when she did that. It meant a lot to me.
One thing that I didn’t like from Wendy was her affiliation with a Florida condo buying group trip dureing the height of the real estate bubble. I was very skeptical about the whole promotion and sure enough those people lost a lot of money on the deal.
Still, Wendy is quite loved by the investor community. Here are some comments that I found about Wendy…
“This book is very well written. Excellent. Three months after reading her “Lease Option/Subject To” book I was able to do a lease option deal with a motivated seller. Now that I am ready to exercise my option, I was having problems finding a mortgage broker that can refinance a lease option deal. I emailed Wendy Patton and she responded in less than 24 hours with 5 mortgage brokers that can do the refinance. Bottom line, this is a Great Book! and a Great Author!”- Sivada from Lakewood, New Jersey
“My partner and I have been real estate investors for years. We looked to Wendy’s course/information to give us an edge with new tactics and to increase our sandwich lease/option deals. Her info did that and more. Great info for novice or experienced investors. One of the best values in the real estate investment course arena. A must have if you want to do lease/options transactions.” Mike from Kansas City
“Her info on lease purchases may be great but I signed up for one of her pre-construction bootcamps/buying trips. Many of those on the trip kept in contact with each other. What we found was that many of the deals were not “deals” and could be found. Many investors experienced moving targets where the financing changed mid stream etc. What I found was that on a pre-con condo I bought for $82, I am unable to rent it out, because the builder built the back unit first, so when you go to see the property you have to ride through construction and it is unappealing to many. Also, the $105-110 that it was supposed to appraise for is actually $83K. This is because the units that settled a month or two before mine have created the comps on the market. If they had done $90,000 with 10,000 seller concession or something to that effect at least we would have had equity to appease our sense. We went in thinking that she and her group are professionals and really know their way around pre-construction. We have since found out that is not the case. She has broken ties with the business partner she had then, but I don’t know if anything is any better. They have offered return trips for half off, and I have relayed all of my dis-satisfaction but never got a call back. Not surprised.” bonnie rakes from NJ
After testing hundreds of opportunities, this one finally brought me serious income. Call 937-572-3713 today to find out what it is. You will really talk to me and not a recording.
