FHA loan through a traditional lender Lessons learned?

A week after reading rich dad poor dad I happened to meet a lady in our neighborhood that was getting ready to loose her house for back taxes.

Just put 20% down and grab as many as you can with traditional loans.

I am making an assumption that you either have non-traditional financing that will loan on a distressed property or you have cash to start. 

But I could not find anything about whether or not BP members even put money into traditional retirement investments.  

This enabled my bank to wave the traditional 6 month seasoning period and refinance the loan immediately.How did you add value to the deal?

When in the process do you put it under traditional financing ?

Hi Joseph,  I am a "traditional" realtor but 90% of my business is out of state investors, so I work to build up relationships with the wholesalers.

Hi George,Get the best paying job(s) that you can.Work 2 jobs at the same time.Save as much of your money as you can (all if you can).Save up $30,0000 CASH money.Read Rich Dad Poor Dad as your first book.Read the (Education) and (Bookstore) resources (Links) and blogs in this forum.Good Luck!

I recommend you get started by everyone in the group purchasing the book "Rich Dad Poor Dad" by Robert Kiyosaki.