I found a 4 plex ...It's 10k less then it's worth that's an instant 10k in equity.

Being conservative gives you instant credibility.

There are some towns in the Chicago land area that will not allow investors to "instantly flip a home".

Or are you getting some instant added equity because of smart buying too?

By doing this you build instant rapport with your title company.

You didn't really say what you are trying to accomplish (ie long term buy and hold, instant cash flow, gambling on appreciation) with your real estate investing.

Instant Guaranteed Approval.

In my opinion here they are:FLIP: How to Find, Fix, and Sell Houses for Profit http://www.amazon.com/FLIP-Find-Sell-Houses-Profit/dp/0071486100Buy It, Fix It, Sell It...PROFIT http://www.amazon.com/Buy-Sell-PROFIT-Kevin-Myers/dp/0793169380/ref=pd_sim_b_5Flipping Properties: Generate Instant Cash Profits in Real Estate http://www.amazon.com/Flipping-Properties-Generate-Instant-Profits/dp/141953551X/ref=sr_1_1?

If a parent adds their child onto their credit card as an authroized user, the child instantly gets the same length of time that the parent has.

The mere suggestion that such a thing could be instantly achieved or prudently identified is, in itself, demonstrating rather poor judgment of those that might ask for such a thing. 4.