You lawyer will also enter his fee on a 137b so if cert is redeemed you get reimbursed + 5%.

Because of this I always look to enter a property with at least 10-15% in equity so I can cover my sales and closing expenses and possibly a bit extra in case I have to provide the buyer an incentive because of the market cycle.

The documented systems allow almost anyone to be able to step in and get to work without having to reinvent the wheel every time you add a person or position.A real-world example in our business that I see used a lot:Create a step by step manual on how to enter information into your CRM as it comes in, and what to do with it once the input is complete.

Its a great way to enter in REI and that will give you 2-4 units with low money down (FHA first time home buyer)Flipping is a tough business when you are not experienced.

After graduation I entered into the corporate business world and quickly found out it wasn't what I thought it was going to.

I've always had an eye for interior designing and remodeling, but I know lots of education and hard work will be needed to enter that part of real estate.

Apparently thats the first time it's ever flooded like that in the past 15 years or so.If I bought this little mobile home for <$1,500 ($1,500 is asking) and lived in it for a little while just to have a place of my own (dreading living with others) and did just a little bit of work to it that would increase it's value, I could rent it out once I'm ready to enter the MFU investing world using creative finance.

Cheri,Personally, I don't think the timing of entering the market is the big concern as you're talking about working as an agent.  

Now with the realization that these loans may never be paid off and "forgiven" in a lot of cases I don't know how the financials play out, maybe the interest from those who have paid covers the loss from those who default.I think this will definitely affect the potential for young homebuyers to enter the market, due to both high debt and credit issues from defaults.  

New people- ALWAYS get an O&E always before entering some agreement if you don't yet know how to do a decent title search.