Looks like I have found a source for 100% financing.

There is 1 lender that goes to 75% but they need around a 600 score and you have to be able to show that you do have some source of income to make the payments.

If you work hard an realize that being a real estate agent is a full time job if you want to make good money in it you will be fine.Some key points were made alreadyFind a broker who is going to offer training and learn as much as you can.. i am sure some people will agree with me"training is a journey not a destination" you just dont train for 2 weeks and know it all.i feel that you will be training and learning forever in any job, so go to your local board of realtors and if they have some trainings use it make sure your broker has a trainging program.

Well in my studies I came across the following link which I think might help new people who are starting out avoid some authors and "get rich in real estate" programs.http://www.johntreed.com/Reedgururating.htmlReed takes a no B.S. approach to debunking a lot of the programs and books out there...good way to know what to avoid for us newbs : )...

Don't have any source for my statistic, just personal observation over 30 years of investing in RE.all cash

Can anybody advise as to which strategies in RE will work best during the current S.California market, and equally important - how best to avoid all the "Guru" scam artists out there and find a legitimate source of mentoring.Thanks all.

Those are always taken out of the loan first before funds applying to payoff.Remember, the lender will allow you to come up with funds for any shortage from another source..ie..private loan or seller 2nd.I do know of a couple sources for that area depending on your credit score.

After closing you would have the option of placing your unit in the rental program.

The only thing I am certain of is that I do not want to continue living here in CHicago, and don't feel safe delivering pizza in the area.So my gut reaction after almost 3 years it to get out of town and find a source of income.

I would be glad to work with you on this and see what my hard money sources have to say about your deal.