A good technique to create this look would be to create a work path from a text layer and then apply a stroke path using a pencil or brush. You can adjust the look by adjusting the brush settings and spacing.
1) Create the text
2) Right click on the text layer > Create Work Path
3) Set your brush or pencil settings to have a large distance of like 300% and a small point of like 1
4) Create a new layer
5) Select the path from the paths tab
6) Select the new layer
7) Stroke the path with brush by clicking the stroke path with brush button or right click on the path and choose that option.
For the Perspective part you might take a look at this podcast / video tutorial: