Go here on Bigger Pockets... http://www.biggerpockets.com/real-estate-investment-clubs.htmlYou can look up clubs in your area.

(minus the sales pitch) I value Bigger pockets because It is hard in this day and age to find a group of people come together and share ideas and information without a hidden agenda.

The reason is they can get into the property with very little out of their pocket and then refinance of the purchase loans as mentioned above.There are plent of sources for financing on this forum so you should havent a problem.

So, how does one become a Moderator for Bigger Pockets?

Hey Loc, Welcome to Bigger Pockets!

So does this mean if i had a property that was worth 100k i hold it for 2 years and its appraised at 110k do i go refinance and just pocket the money ?

It's called the bat phone cuz you better freakin answer it if it's in your pocket.

Just please don't feel like you have to spend thousands of dollars on some guru course to begin.haha yeah that what i was thinking of buying a "course" online that comes with like 12 audio cd for like 40 bucks i doubt i would ever pay anything over 1k on a RE course i rather read books , listen to tapes, and go on bigger pockets.

As a buyer looking for a house/condo am I paying out of pocket for the Buyers agent or do they just split it with the sellers agent?

So, in that case, we can assume expenses of 40% of rent.Rent: $1000Expenses: $400 (40% of rent, this is money out the door)NOI: $600P&I Payment: $420Cash flow: $180 (cash in your pocket)Now, the payment you make to the mortgage company might be $520 to cover the full PITI payment.Taxes are a different question.