I disagree because I and others around me as well have completely disregarded these sayings, rules or whatever you want to call it.It's obviously not achieved overnight but you can raise some serious capital in just one year... think outside the box.The beauty of real estate is exactly the FACT that YOU COULD RETIRE and build your dream life at a very, very, very young age.

That’s why for me I will buy next in Oklahoma & Colorado as even after living here my whole life I will never own in Texas.

To put it plainly, I decided to take control of my life journey and change its trajectory.

It is worthwhile to have some equity as a safeguard against detrimental economic conditions.

I held him off until the title cleared (the next day), left work and drove to Chattanooga to give him cash...on one condition.

Where is the property and what condition is the other side in? 

A conservative lender like a bank will want to make sure they don't lend you money only to see the rental income dry up during the life of the loan.Strength of your personal finances - again, the lender will want to be protected if the income on the property goes sideways.What do you think the property's value will be appraised at?

I also want to be wealthy or very comfortable in life and be able to give my girls a great start in life as well.

I also want to be wealthy or very comfortable in life and be able to give my girls a great start in life as well.

Since I agree to buy as is condition, can I still ask for a credit toward closing?