After about 6 weeks of consistently reading UBG, BP blog posts and listening to the BP podcast (currently in the middle of 7 Years to 7 Figure Wealth) - I realized it was about time that I introduce myself!

THERE IS no funding like that it does not exist for RE investors.. the ONLY 3 % money  is for the very wealthy that put up their securities as collateral and then borrow at 1 over libor.. so you have 5 million in securities at one of the big houses and they will lend you 2.5 mil at 1 over libor 2 to 3%  but that its.So here is what hard money is universally around the country so as @Aaron Mazzrillo suggests instead of scratching your head and thinking your going to find some unicorn HML.HML rates are 10 to 14% on rate and 2 to 4 points .. usually need at least 20 to 30% in cash into the deal.. one year terms.. etc etc.. once you establish yourself with these folks over time.. the cash needs can drop and rates drop a little.ON the west coast were we have a VERY stable RE market and TONS of money chasing deals.. you can get HML for 1 and 9  1 and 8 sometimes.. 

There's different ways to build wealth. I

No matter what you do... please read The Wealthy Code by George Antone.

Thats all great and will make you a lot of money, but where wealth is built is in the amortization of the debt you put on the property.

"but appreciation is how we truly build wealth" Is there anyone else that disagrees? 

@Eugene Lee  those rules were spawned out of the Great GFC... not germane to todays markets in most areas.you can though still buy in areas were there is more housing than people to use the housing and find those rules apply and even more.. those are what we call cash flow markets that's all they are all they will ever be ( in most likelihood) so if your going to invest there only reason to do it is to hit those 2% or better metricswhere we reside on the West coast we generally look for break even and make our big bucks on having our tenants pay down our debts and of course appreciation... you have most folks that live in the non appreciating markets and their mantra is  ( cash flow cash flow appreciation is only luck its not investing  LOL)  and you have those that have gotten stupid wealthy buying west coast assets that double or tripled in value in a 10 year time frame.. take your pick..

Wealth is possible, but not overnight.http://joefairless.com/blog/podcast/jf401-20-year-old-puts-together-a-2-3-million-deal/

if you start young you will be incredibly wealthy at a young age as long as you can stay disciplined, @Chad Nagel is a great example of that. im pretty sure you have to be 18 to Own Real Property in Wisconsin, but you may be able to form business entity and it buys the real estate on your behalf, Best of Luck, and dont hesitate to reach out.   

If we competed with everyone to purchase properties, we could never cash flow or find decent investments.Just look at wealthier areas in any city, you can't get anywhere near cash-flowing because all the wealthy people know about investing in real estate, and many do.Never worry about what people less successful than you think about your wealth building endeavors.