(If they say anything faster than a couple of weeks, maybe a week and a half, move on.

Then I would like to purchase another building possibly a six family this time.

We got one drive by call, one MLS showing and probably 4-5 calls a week from craigslist.

Institutional lending is far too restrictive and time consuming, thus my need for an investment partner(s).Here is a description of my immediate need:Area: Aurora, IllinoisSales price: $125,000After repair value: $160-175,000 (CMA's from local agents)Repairs 90-95% completed by sellerClose: Tuesday, August 15 (one week from today)I have been working with an institutional lender on this but am running into "chain of title issues" because it was bought as a foreclosure by the current seller recently.

My agent tells me that HUD called him and wants the packet on our back up offer (put a bid in on a house last week but came in second).

I, for one, do not have enough time in my weeks to take care of the immense amount of upkeep that living in a home requires.

If you work hard an realize that being a real estate agent is a full time job if you want to make good money in it you will be fine.Some key points were made alreadyFind a broker who is going to offer training and learn as much as you can.. i am sure some people will agree with me"training is a journey not a destination" you just dont train for 2 weeks and know it all.i feel that you will be training and learning forever in any job, so go to your local board of realtors and if they have some trainings use it make sure your broker has a trainging program.

In the last six months, this house has developed MANY flaws.

I try to touch bases with each buyer at least once a week.

DON'T WORRY ABOUT MONEY. i repeat DON'T WORRY ABOUT MONEY. focus on finding deals. when you can find deals money finds you. all you have to do is stand up at an investor meeting and say "i have a deal with $30k in equity etc... and i'm looking for a partner." someone's gonna approach you and want more info. 5. let everyone know you're interested in real estate. you'd be surprised who may be involved in your sphere that you never even knew. it could be a coworker with a few rentals or someone you see at the gym weekly etc.6.