Here's some food for thought: Before you make your next investment, meet with a mortgage/financial professional.

In the first case, the student will live in the house/condo apartment and in the second case, the family will come visit the kid (who will be in boarding school) a few times a year and stay in the house.I would also recommend that you highlight your knowledge about other related real estate services (such as property management, financing, tax professionals in your area).

While my advice isn't market specific, I do believe it's good food for thought:Before you make your first investment, meet with a mortgage/financial professional.

Hey @Claudio GoliaGetting in touch with a real estate professional, as you have, it an excellent way to get started!

Some lenders might recognize some level of loan to cost(+/- 80%), but you will have to verify your expenses and they will make sure you are bellow 65% of the new value by appraising.I recommend that if you are serious you write a 1-2 page plan, put in a pro forma deal of an actual property you would buy, along with a breakdown of the rehab portion, how you plan to manage the tenants (or if you a have a professional manager), ect.

If you can't afford a few grand then you really are never going to make it anyway.even if you are out their on your own to be proficient you need to spend money on your own advertising etc. access to MLS  and used correctly alone will pay for the license many times over.. and you never know when you may become a rock star agent top end agents make far more money than 99% of wholesalers you will listen to on this site especailly the part time investors  LOL.. they are part time for a reason.. they are not RE professionals.

While my advice isn't market specific, I do believe it's good food for thought:Before you make your first investment, meet with a mortgage/financial professional.  

Check out this home in westport ct. 7tupelo.com house was sitting for months and gained a lot of interest after the professional video and site was put up.

I would recommend you sit down with a mortgage professional and share this plan with her/him.  

., is much less important than for those who are interested in being professional real estate agents.