Purchase price: $275,000 Cash invested: $11,210 After watching the market for years and missing out on some quick sales from other investors, found a duplex in a great location with motivated sellers.

When I was going through the application process, they sent me the pay schedule for my area so that I knew what to expect.

Watch out for prepayment penalties.Have you spoken to any mortgage brokers about your financing issues?

Plus- I rented it under-market because I was so motivated to get it rented, so I had 3 applications in just a few days.

Plus- I rented it under-market because I was so motivated to get it rented, so I had 3 applications in just a few days.

Plus- I rented it under-market because I was so motivated to get it rented, so I had 3 applications in just a few days.

I've read Dave Van Horn's Note Investing Book and watched tons of podcasts.

Searching for financial freedom i read "Rich Dad Poor Dad" by Robert Kiyosaki  and then stumbled upon investing in real estate  by watching a video on youtube.com by the "bearded one" (Brandon Turner.)

They are asking for a Vendor Deposit of $400 upon Application to cover some expenses, like appraisal reports and home inspection reports, that is non refundable even if the loan is declined FOR ANY REASON.Is this a common practice from this type of lenders?

Frankly, I often find many virgins (been watching the bachelor too long with my wife) will purchase the first one as a primary residence, rehab it and then rent it out after a year or so.