If 40% is what it takes to get the capital, that's fine, but in my opinion that's pretty rich to the money source when you have 50% skin in the game.

I might go on to get an MBA, but employers and the MBA programs want you to have 3+ years of work experience before you do that.

So I'm looking at close to a year if we only get down payment money from these sources.

However, you may look at the small balance SBA program.

I feel the same way and I'm doing everything I can to get that freedom right now.Be sure to check out The BiggerPockets Ultimate Beginner's Guide Great source of information, I think you'll like it.

I have no experience with the software but here are a few forum posts comparing and reviewing it:http://www.biggerpockets.com/forums/79/topics/44375-freedom-soft-anyone-plan-on-purchasing-it-http://www.biggerpockets.com/forums/79/topics/91576-would-like-opinions-on-freedomsoft-program-offeringhttp://www.biggerpockets.com/forums/79/topics/67210-realeflow-open-road-3x-versus-freedomsoft-vs-sims-20http://www.biggerpockets.com/forums/79/topics/83761-my-review-of-investorpro-vs-realeflow-vs-freedomsoft

Mentors and partners are great sources of experience and business tips learned from actual experience.Two worthy adages to embrace:Be The Best Informed And Prepared Person In The RoomFinish Each Day A Little Smarter Than You Began the Day

The programs where tenants pay a smaller amount/fee to "guarantee" a security deposit?

Trulia, Zillow and Redfin are just a few sources of potential properties.

He has tried on his own via a B&I program but local banks didn't bite.