What was my driving force was eating up audio books to speed up the gaining knowledge process, in return I would gather my questions faster for more deeper research.also all podcast/video-blogs from BP, listen to all of them until you start feeling a craving for a certain niche, then focus more on that new found hunger.recommended books for self improvement and Real Estate:-Rich Dad Poor Dad-Millionaire Real Estate Agent (known as the Red book within REA's)-Millionaire Real Estate Investor (known as the Blue book within REA's)-4 hour work week-The E Myth for Real Estate Investors-Profit First-10x Rule-Ultimate Beginner's Guide to Real Estate Investing (free from BP)Good luck, you seek , you will find#keepthehustle #lifeisworthliving #rethinklife

I was under that I can fix a property using hard money the pay back the loan by refinancing the property, and my the tenants pay off the mortgage.

The E-Myth by Micheal Gerber3.  

I think "100% financing" and "no money down" are myths that are espoused by people giving seminars.

Also, check out the E-Myth, which can be highly transparent to the REI biz.  

Here are my the actual P&L for 2009.

If moving anywhere enables or enhances your ability to achieve your goals and objectives, you move.

I've been wanting E Myth, but it only costs 12.95 to buy, and the one specific to real estate investing is 26.95.  

Hello BP nation, I just got a great 3 flat in Chicago under contract built in 2008 and fully occupied throwing off almost 2k a month cash (DCR>2) flow after PITI based on a 20 year am fixed at 4.625 with a 25% DP from a conventional lender and already preapproved.I have read ad nauseum on BP about the myth of portfolio lenders, local community bank and/or commercial lenders having flexibility to offer loans based on cash flow from the asset without looking at your income or tax returns and I have not found that to be true.Prior to applying for a conventional loan I tried over 20 portfolio, community bank, and commercial lenders in the Chicago area-even tried out of state national lenders, and they all came back and said the same thing!

The idea that you can get substantial tax savings from an LLC (again in the passive investment context) is sort of a myth that I have to educate many of my clients on.