If you make a mistake because you jumped too quickly, you could wreck your credit and set yourself back ten years.And until you're ready, save every dollar you can so that when it's time to jump, you're dealing from a position of strength, not weakness.There are exceptions, like finding trustworthy partners or getting lucky with a deal; it can happen, keep your eyes open.

Either on your own or through a program, you can then use that to invest based on the strength of your credit and assets.At the end of two years you will have your BA and spent tens of thousands of dollars getting it, but you will also have earned a large chunk of that back in RE.

However if the equity is good, the lender will work from a position of strength especially if there is a second mortgage.

The rental market is also a strength here.

I was impressed with his ambition, and I was glad to help.I think most people who are looking for a mentor want someone to hold their hand, but they don't realize that part of the strength of who we are is our ability to find a way where there was not one.

Additionally, you will know more about the condition, strengths/weaknesses and performance of that complex than anyone else, probably including the owner.

My love for Zillow is as a general way of looking at a city quickly, and estimating the economic temperature of it's different neighborhoods and overall market strength.

While there is a lot of great advice, help and encouragement on this site and in books, and courses; nothing will replace what you learn on the street.By getting out there, you learn your weaknesses, your strengths and what you really need to work on in your life in the real world!

I still found a buyer at $315K, but would have much rather had an opportunity to sell it at $185K, since the buyer pool would have been larger and buyer strength would have been better.

There is no 2% rule police who will swoop down and slap your hand if you don't use that metric.It is a predictor across large numbers of strength of the investment.It isn't all that useful on any given property.