.- When necessary, seek advice from licensed professionals, such as attorneys and financial planners.Even with a lot of book knowledge, you will find actual experience extremely valuable.

I have read both of those and J Scotts "Book on Flipping Houses" as well, which is an awesome read btw.

Don't count on getting an 80% loan at that sale price as it is below most lender's minimum loan amount, better check with a bank and see if they will go that low, the rate and points will probably be higher to put a small loan on the books.

We Buy or Lease Houses, Cash Or Terms.Buy this book to get creativehttp://www.amazon.com/Finance-Estate-Place-SquareOne-Guides/dp/0757001351review: Misko's book is not long, but it is not light bedside reading.

Welcome to BiggerPockets Tyler BeesonSome great resources:The BiggerPockets Ultimate Beginner's Guide and The Best Real Estate Books Ever You'll definitely have a lot to absorb there!

Then when the time comes I have money for down payments and mortgage payments.From what I have been seeing is instead of banking up that 200-300k taking about 5 years to get there, I can just soak up a bunch of knowledge and experience for a year or two and get money from the bank and rent out houses and flip them, which would save me from working my but off in sales just for that 60-100k job.I currently have 0 debt and about 2 years of credit history, 750 credit score, and 5k saved up at the moment, I had to pay for 2 years of college that sort of took most of the money I have been making.I have been reading articles online and such but my question is, what kind of books/podcasts should I be reading or listending to in order to broaden my horizon on REI and renting out RE?

I read enough history books to know it only takes one spark when there's kindling everywhere.That said, back in 2008 I actually got my pilot's license and a farm in the middle of nowhere in case things get really bad...Hope for the best and plan for the worst right?

Hi Michael,Welcome to the forums.You might want to put the deal numbers on the forums to get feedback and a guide so that you are not overpaying.If you are looking for a great flipping book J Scott on here has a good one.

I have always had a passion for RE Investing and have been reading RE Investing and Entrepreneur books for years.

I was on the road a lot with many 5am starts.One morning the wife (who maintains our RE books), simply commented "you don't need to do it anymore".