Depends on if you have panels, crazy layouts, etc.

Currently, I have about $20K left on mortgage and estimate value is$175K.

So you will work on your credit while learning to underwrite deals. 

We don't bait and switch, we work deals based on actual details of the client's specific deal.

So let's not be too hard on clients who want someone with hands on experience.You missed my point and my OB/GYN example though.

It's great that you're focused on saving and educating yourself before diving into real estate.

@John Zhang If your wife qualifies for Real Estate Professional Status (REPS) and materially participates in managing rental properties, there is no limit on the amount of rental losses, including depreciation, that can offset your W-2 income.

After it’s built borrow on full value and gift the parents back the land value?

(The Black Friday sale on the Bigger Pockets bookstore was where I did my own Christmas shopping so my family knew what to ‘buy’ for me!).

Here is a recent bulletin from PSI with more information on the exam & requirements for becoming a broker.