On the other hand, whoever built my house didn't think it was necessary to install flashing between the deck and the wood siding. 50 bucks worth of flashing would've prevented a lot of rot.

I know I can't wait to get my hands dirty on my next project!

Go to the public library, read everything you can get your hands on, save some money and buy a house.

I think you've always got to keep SOME liquidity on hand, and the amount you should keep on hand is usually a factor of the age of the property, it's cash flow, and how expensive (or inexpensive) the thing is to own in the first place.When I start getting excess liquidity, that's usually my sign that it's time to take a chunk of that cash and put it into another income producing property.

Or rather at what point do I need to have cash in my hand or a loan set up on deck?

Even the packet handed to potential investors is over an inch thick.

Even the seemingly easiest deals -- one loan, "pre-approved price", BPO in hand, etc -- can take months.So, yes, you can expect answers to the factual questions, but don't expect that to necessarily tell you how long you can expect the transaction to take.

It's harder to say no when you are speaking in person, additionally you help to create trust when someone can see you and shake your hand they feel more comfortable.

I have been reading BP and getting great info but I wanted to know in a more expensive market like Vancouver and its tri cities if its possible to flip apartments/townhouses to start creating more capital and than move on to houses.my other thought was looking at towns that are about 30min to an hour away and the price of property there is usually half of what it is in Vancouver.I am a pretty hands on kinds of guy and have done a lot of the finishings(painting, trimming, fixtures) all the way to dry walling and basic plumping and electrical work.

Just because an application was put in your hand today doesn't mean you can't take it home for a day or two and google some answers as well.