RIch Dad Poor Dad by Robert KiyosakiGreat book, wish I would have read it when I was your age.Also the bigger pockets podcasts are awesome, I listen when I'm driving and working outGood luckRob

I started investing in real estate in 2001 and have done seller carry transactions, hard money loans, traditional lending and rehabbing on my own rental properties.  

It used to be a mandatory waiting period, and the other traditional/conventional loan programs still have a waiting period.For Freddie Mac now, it's "No waiting period with LP approval."

I'm in Chicago and I'm looking for better ways to invest other than a traditional loan.

Traditional 20% down rentals6. 3% down 2-4 unit FHA programs7.

Oil and gold are going to make a lot of people rich in two years.

To do this, you need to have enough equity to qualify for a more traditional loan and there may be new loan origination costs and other factors to consider. 

Haven't used these guys, but Keith Weinhold of Get Rich Education Podcast recommends them... of course I would do due diligence as I haven't worked with these guys or anybody else in Atlanta.

I really loved "Rich Dad Poor Dad" by Robert Kiyosaki, who's really motivated me to want to learn all aspects of investing and the business of real estate. 

2)  If property was sold either by a traditional sale or a short sale, the second lienholder would have had to be paid off to clear the title Is this correct?