I am interested in the first steps for someone who is knowledge rich and cash poor. 

Welcome to BP community, hope all is well.What was my driving force was eating up audio books to speed up the gaining knowledge process, in return I would gather my questions faster for more deeper research.also all podcast/video-blogs from BP, listen to all of them until you start feeling a craving for a certain niche, then focus more on that new found hunger.recommended books:-Rich Dad Poor Dad-Millionaire Real Estate Agent (known as the Red book within REA's)-Millionaire Real Estate Investor (known as the Blue book within REA's)-4 hour work week-The E Myth for Real Estate Investors-Profit First-10x Rule-Ultimate Beginner's Guide to Real Estate Investing (free from BP)Good luck, you seek , you will find#keepthehustle #lifeisworthliving #rethinklife

I recommend Rich Dad Poor Dad and the One Thing as essential reads if you haven't read them already.

Thanks Rich!!!

@Rich Ferradino HUD recently changed its policy so you now have to be within a certain percentage of the list price to get that offer.

search it read up on it, once you do you will be surprise even how some realtors do not know what it is.Other than that, my recommended books:-Rich Dad Poor Dad-Millionaire Real Estate Agent (known as the Red book within REA's)-Millionaire Real Estate Investor (known as the Blue book within REA's)-4 hour work week-The E Myth for Real Estate Investors-Profit First-10x Rule-Ultimate Beginner's Guide to Real Estate Investing (free from BP)Good luck, you seek , you will find#keepthehustle #lifeisworthliving #rethinklife

•Make sure you're offering a deal that won't burn the other investor...There are ALOT of little things, but educate yourself EXTENSIVELY, but DONT get stuck in "analysis paralysis" .don't buy into the fake guru programs/ the get rich quick schemes.

I would read "Rich Dad, Poor Dad" "Real Estate Advantages" and Marc Garrisson's book "Unlimited Real Estate Profit."  

A wise investor will not try to get rich quick with shortcuts.

However, your #3 comment, once you own and manage an 8 plex, you can then move upwards to larger complexes.If you never had a 4plex, then what makes you think you can go up to 8plex. you need to crawl before you can walk. walk before you run.unless you are cash rich, you have to start small. condo, townhouse, SFR, 4plex, 5+ units, commercial building, trump tower?