First of all, you need a good credit - it helps with everything.Student debt needs to be paid down for the financing.I wouldn't hold my breath about owner financing: in this market everyone can sell at its highest and best unless they are trying to rip you off: pricing it too high or financing it with outrageous interest on the note....especially be afraid these "no credit required" "deals" - they plan on you failing to refinance later.If you don't know where to start - read about wholeselling - at least you'll learn couple things about marketing.When market will go down - then it will be good time to find a decent seller financing.Buying right now will make you regret later, when the same house you'd bought twice cheaper.Good luck!

Definitely recommend you run the numbers and a quick way to do so before you get too deep and waste alot of time is to write down this:Purchase Price Cash to Close Rent-------------------- Property Tax per monthInsurance per month HOA Mortgage Vacancy (x%) Repairs (x%) Property Mgmt (x%) Total Expenses: XThen find out your cash flow INCOME - EXPENSESCap Rate NET ANNUAL -MORTGAGE ANNUAL / PURCHASE PRICECash on Cash Return NET ANNUAL +MORTGAGE ANNUAL / PURCHASE PRICETakes like 10 to 15 mins to evaluate the numbers.

Definitely don't have that deep of pockets, lol.

Hi there, I'm a copywriter who has a profound passion and deep interest in commercial real estate.

Your question is actually quite deep and involved.

I am in the Philly deal with my brother in law but I am not sure how deep his pockets are and how many deals we can do together.

Find out if you love it first before getting too deep. 

I found that LOWES is now in the GC business, and their pockets are deep, so you can imagine that they are going to pay their subs regardless of the lender draw schedule, which is great fo me.

@Doug Dattawalker - I live and breathe SF real estate 24/7 (since it's what I do for a living), and I can confidently say that the overall market isn't really cooling off at all here.

I was introduced to BP about a month ago and I’ve been “diving deep” into the resources and books by Josh and Brandon.