I have read 2 books so far and have a few more on hand that I have not yet read.

Originally posted by Jason Barnett:You don't have to sell 100% of the mortgage, you could do a partial.A cleaner and easier way to do it is to just have multiple notes set up in the first place. 80/15/5 and sell of one of them if you need the cash.Not good advice in my book.

I like figured out what they represent but what im i suppose to pick is there a good book on the basic stuff on real estate investing?

Has anyone read this book?

Go to the local library and check out books on LLC creation by Mark Warda or Anthony Mancuso.

I have been reading up on books and purchased a one of those unpopular courses trying to get all the info I can.

I would suggest that you pick up any local RE for sale books, if your area has those, and usually you will find an agent or two that advertizes in there that they specialize or do Investment Properties.

I have read 6 preforeclosure real estate books, but some of the most important macro questions don't seem to be addressed in them.Investors are ultimately looking for a deal that has equity and you can flip with at least a 20%+ profit margin (unless you are doing a short sale).Question #1: If that's the situation, why wouldn't the home owner just sell their house and do the same thing?

The information on here has been super helpful so far and I can't wait to learn some things through my own personal experience that I can share with others just starting out.I have read several investing/rehabbing books so far and have been listening to quite a few podcasts on real estate investing.

For my market and for the areas that I am mostly interested in having rental property (lower blue collar neighborhoods) my "magic formula" is rent X 50 = max value.