By starting small, educating yourself, and leveraging your capital wisely, you can build a solid foundation for your real estate investing journey and work towards financial independence.Good luck!

So I was hoping people here could educate me.I'm trying to calculate the interest earned on a $100k loan over 15 years at 7%.

@Katie Ripp have you been educated on the 1031 tax exchange?

Definitely worth the money and education to get things how you need them and avoid unnecessary taxes! 

Continuously educate yourself through resources like BiggerPockets, and network with local real estate groups to gain insights from experienced investors.

Explore financing options, educate yourself on multifamily investing, network, and document your journey.

@Robby SanchezReal estate finance by brueggeman - there are like 18 editions of this bookGreat educational book which is used in many collegiate courses

A good custodian will be there to support you and provide education every step of the way; you may find you don't even really have the need for checkbook control (also a good option to ensure you're being extra careful following prohibited transaction rules).

Do you have any recommendations on how I can best educate myself in my current situation?

The intent is the sponsor needs to know enough about investor to feel comfortable the investor has the financial knowledge and acumen to properly evaluate the potential risks and benefits of any investment and the financial stability to invest capital for a 5 to 7 year period.Topics of discussion with sponsor would be:Income, credit, job stability, prior investment experience either with real estate or other asset types, education level, occupation and profession, amount of savings or funds in retirement accounts.Hope this helps.