My family was always on my back to save for a car, but with my over-spending habits and buying for my friends (who aren't even my friends now), I still have yet to reach that goal at almost 19.I graduated from high school, and as a gift my mom told me she would give me the money for a down payment.

It sounds like you might want to take a hard look at your spending and living habits.Lenders look at not only how much you make but how you use that money.

But of course, you should spend some time here before taking the plunge.

It's fun to listen to them scramble for an excuse to give a small deposit.I spend a lot of time helping out new investors.

All too often, new investors either overdevelop or spend their money too fast - both of these behaviors derail their plans and stops them woefully short.

., resident in the forums.Click on the "learn tab" at the top of the page, and you could be spending many hours on the Information that is available.Raymond

If you are an investor in LA with multiple properties (not just buying a personal home), having to spend (or set aside) an extra $2500 to $3000 per investment/unit every month and for years (or however your holding period is), because rental income was insufficient on each of the multiple rentals can become a problem.The LA market is the way it is due to forces of demand and supply and what some spend $300,000 or almost $400,000 on in LA, some in many areas wouldn't touch with a 10 foot pole.

My plan is to save up the money I will not be spending on rent anymore to hopefully buy a second duplex within the next year or two.

In the past my partner and I had always talked about the fact that we believed that the reason a lot of properties don't sell or spend more time on market than they should, is because of bad real estate agents.

On average I spend couple of hours a day on this website and listen to podcast during my commute,.