Here is some recent news on some prime real estate.

I am currently a student at Texas A&M University and I am very new to real estate investing.

Hi Dennis, your newest plan sounds very reasonable and is a widely used strategy in real estate.  

So you can't just get a pre-approval for all properties like in residential real estate, but a pre-approval for the exact property you are going to make an offer on (Is that correct)?

@Tyler SteinkeI’m having a real hard time getting past the $100 / month profit on a $510,000 investment!  

In general it's a passive way to own real estate as the tenant takes care of the headaches and cost of repairs in most situations. 

Real estate can be an amazing tool for reducing taxes.

Here are a few options you might consider:Home Equity Loan or HELOC: If you own another property with sufficient equity, you might be able to take out a home equity loan or a home equity line of credit (HELOC) to cover the $140K.

Now they are screwed - every time they fill out an application, for their next rental, to buy anything on credit (like a car) or buying a house...this Judgement will pop up and they will be denied.

I'd like to get started in real estate investing.