We've come across plenty of properties that we were looking to pick up at auction just to find out there are other liens on the property, not just primary mortgage.

My first house ever purchased was a short sale that I picked up in June of 2012 for $135,000 that my wife and I lived in for about 3 years.

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bpThe second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

The separate agreement can be very simple but necessary in case ever needed in court.

Pick an area that you love.

We try to do a couple of simple wholesale assignment deals every year inside a Roth.

@Malik Batchelor yeah, pick up the phone a couple thousand times and call them 😉

Simple example: ETF's.

Is this as simple as providing a bank statement from the hard money lender?

@Michael Bentz asked about refinancing and how it works,  so I gave a simple example so it is clear to understand.