Never count your commissions until they are deposited into your account!

I am currently 19 years old in my second year of university studying Finance with the interest of pursuing real estate investing and financial freedom. 

I've been studying it and reading books non-stop for about the past 6-8 months and I can't wait to get started.

Plus, you'll want to create an upfront operating account of 1% to 5% of the purchase price to cover unexpected expenses before you've accumulated enough money for the $250 to $300 savings.For SFRs or smaller multifamily, as you said, it depends.

Property Taxes Homeowner's Insurance$0a monthSee Escrow Account on page 4 for details.

The course and materials to get license is going to run me about $4-500 and about 12 hours of study and testing.

Should I let the bank know that is where I plan on obtaining funds for my down payment or should I go ahead and pull out the amount and put in my bank account before applying for financing ?

I am a 20 year old aspiring real estate investor and I am currently a sophomore in college studying accounting.

@Courtney M.Lot's of great suggestions on the forum:Seller carry/finance: Seller may benefit from deferral of gainsHELOC: if for investment, tax-deductible even post reform401(k)Loan: up to the lesser of: (a) 50k and (b) 50% of account value.

Account Closed, and Geetika Casmon.