For instance, I have a friend who had a broker quote them incredible terms and a high qualifying amount, but later they discovered that the broker had significantly over-stated what they could qualify for (they were about $50k short of what they needed to close on their dream house)--NOT a good situation! 

If the home you are in now is not your dream/forever home, and you could give it up, list it for rent and go buy house #2 using a 5% down conventional loan.

Money that will take you longer to make somewhere else, so if I was you I'd try to funnel some of that money into your real estate dreams.

Purchase price: $130,000 Cash invested: $3,000 I bought this house because I dreamed to live on the lake and view was amazing 30 feet from the water with a dock.

I love my city, and the idea of putting people moving to my city or those already here into a more comfortable and desireable living situation is a dream profession for me.

However I have always had an entrepreneurial mindset and I want to work for myself, and not spend hard hours working towards someone elses’ dream.

, and my agents also need to be able to envision the value-add opportunities the property presents.I'll give you an example of each: First, an example of an agent going all-in on due diligence, and saving me a ton of cash and headache:  When I was an inexperienced investor, I found my "dream house", a property that I instantly fell in love with.

A perfect dream home.I am divided about what route to follow, why spending more money on a trouble home when I can get one outta the box for less money? 

The dream is to get rid of everyone and get cash flow but that doesn’t exist to my knowledge. 

Reading books, listening to podcasts, and dreaming about building wealth doesn't put money in your pocket.