When a 21-year-old claims to make $600,000 in his first year of real estate, someone should verify that before sticking a mic in his face and praising his successes.Being on the podcast used to be a big deal.

I have since passed my Real Estate License Exam and plan to be more active in the forums.

I started real estate investing by house hacking and then getting into rentals from there.

Consider joining real estate meetups, shadowing an experienced investor, or working as an intern to gain hands-on experience.

And about 25% of the time I get contacted a month or 2 later and I negotiate from there . 

If this effort gains traction, it could fundamentally reshape the U.S. mortgage market, impacting financing options for real estate investors nationwide.The Role of Fannie Mae and Freddie Mac in Housing FinanceFannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) are government-sponsored enterprises (GSEs) that purchase mortgages from banks and lenders, package them into mortgage-backed securities (MBS), and sell them to investors.

Again, I used my parents but this time only as lenders of part of the money for the down payment.

It specifically says it is not for real estate investment, but I believe you would be buying an operating business vs just real estate.This is so helpful Michael, thanks so much!  

When it comes to getting loans, which is pretty important for real estate investors, simple "mistakes" can make it so that you either don't qualify or you may qualify but with a higher interest rate or higher loan fees. 

I prepare my taxes myself and cannot find a way to reduce my tax burden through real estate.