The "cash is king" mantra will ultimately prove true, without adequate capital, it is extremely difficult and extremely stressful stringing deals together, and I suspect it ends up catching up to the majority of people that go that route.

I have an extremely demanding day job (60-80 hr weeks are not uncommon) and I do this on the side too.

I think the Aguaya case is an extreme example of attempts to abuse both the spirit if the law as well as living, breathing persons who were cheated. 

My sense is that Ben is extremely knowledgeable with many subjects.

Investing in Notes through your IRA or 401k, via a "Self-Directed" IRA/401k can be extremely lucrative however, you will need a Self-Directed IRA/401k firm to administer your retirement account.

Multi-family 100+ is extremely hot right now.  

These types of programs are needed and the default rate I believe is extremely low. 

I've been reading several post throughout the website these two have been extremely helpful http://www.biggerpockets.com/real-estate-investing/ and http://www.biggerpockets.com/renewsblog/2010/06/30/introduction-to-real-estate-analysis-investing/ I'm really looking forward to finally starting this chapter of my life.

They were so cheap I could fund them myself. 1) You can get bank loans or loans from traditional lenders like mortgage companies but that is extremely tough to do right now and usually requires substantial down payment. 2) There are Hard money lenders- high interest loans for investors - usually will require a down payment and some of your own funds.3) Some people use money partners.

Will and other respondents-The EXTREMELY low LTV is what I'm basing my profit on.