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The market has changed so much in the last year, and so have banks. No one will just hand you money to start investing. Banks usually want money down now, they no longer offer 100% financing. There are none of the great deals that used to be in the real estate market like back in 2004, 2005 or 2006, it was crazy! I feel bad for people wanting to get started in investing in real estate, it is much harder now. If I had to start now, I don't know if I would have been able to. With good credit, finance companies used to give 100% loans, and sellers could be asked to pay closing costs, and usually did for us.
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