Wendy Patton has a book on doing subject to deals: "Investing in Real Estate With Lease Options and "Subject-To" Deals: Powerful Strategies for Getting More When You Sell, and Paying Less When You Buy".

Start small as you WILL make some mistakes, but keeping the investments small at the beginning will limit any possible losses.

If you have the resources to jump into wholesaling and can make it work, more power to you. but, a college experience is valuable too, both for your emotional growth and for a degree to fall back on.

If you have it, use it, and dont go into debt.However I do see the power of OPM (other people's money" too.Unlike most other investors though, my ultimate goal is to buy all of my rehabs and rentals with cash, and stop using OPM.

I work closely with investors from all over the country, many of whom are first time investors with a limited budget.

The lender we use has extended a line of credit (at prime), and normally doesn't care if you have over 4 mortgages (current limit) and requires less documentation.

Quite honestly I have no idea how they got it except that when I called to turn off the power they must have gotten off caller-id.

A power buffer will bring it back to new after your worst tenants.

Realtors should be part of an investor's power team.

The club has moved back to an educational format with a limited amount of paid sponsorship.