So your saying all advice on this forum is bogus because its just "Information" and until you personally put it to use and it "Works" then you didnt learn anything except practicing your reading skills?

Much of the advice suggested contacting a local title company and asking to be put on email lists for foreclosures..........how does this work practically??????????????....

If you put in a down payment, your cash flow will improve, but the added cash is the return on your invested cash and not from the property.

Sounds like you'll have to sell for a loss, so the question become whether its better to take the loss all at once now, or month after month until you eventually sell it.Why don't you just move into the townhome until you can improve your credit and get a decent downpayment saved up?

These media appearances can increase your exposure and improve your name recognition which can result in increased investing deals because of your perceived status as an expert.

Another factor there might be pressure to show an improvement in QTR 4 for Year End numbers.

I am hoping to make my money when the market improves and I sell at a profit 7 or 8 years down the road.

I've been studying Real Estate for about two years and I have learned enough that I feel comfortable practicing in the field.

Spend half your day on BiggerPockets and the other half of your day out putting to practice and doing what you learned in the first 4 hours of the day on BiggerPockets :mrgreen:

I will have to get a loan for the house, I won't have cash, well unless I get it for dirt cheap.I'm torn between the two plans, but I have time to figure it out while I learn as much as possible.I have gotten a lot of optimism in this forum, which will keep my fire burning.I would like to do some mock deals, practice if you will, and I'm not sure if I'm going about that the right way.I have a record of a bunch of homes under 100k, all foreclosures, and I'm scouting them and hoping to follow them through the sale and see if I was close to the sale price in my assessment.