I was just reading another post about a guy who had bad credit and wanted to quit his day job to then get started in REI - he needs to read this too.

That and educating yourself via reading, learning from others (here on BP as well), and putting into action what you have learned.It is very difficult (not impossible) to jump full time into RE particularly without a job.

What you most want to avoid are 1) foreclosure, 2) selling your properties at distressed prices, and 3) having to rent to anyone with a pulse just to get cash flow.In personal finance, it is a general rule that one should bank at least six months worth of expenses in case one lost one's job.

Good job joining.

I would be interested, I was forumless all of last week due to being in training for my full time job as well as moving to a new place so I missed the announcement for that call.

Others, if they go with a different agent, that means I didn't do my job in getting to know them and helping them with their needs.

We do our own property management and remodeling, using subs as needed or required by code.We each have “regular jobs” and have always considered the rentals and a “hobby that has gotten out of hand”.

Usually, you'll have to show some reason (job loss, forced move, medical situation, etc.) as to why they aren't going to be able to repay the money.

I got my degree in History, took a year or so off and worked some pointless jobs, went back to graduate school for a semester and a half to get my teaching certificate, and dropped out to pursue a career as a professional poker player.

I have even done whole jobs on the Home Depot credit card for up to 15K and only had to do the minimum payments until the properties were sold or refinanced.