Get some real world advice from someone who is going through the foreclosure process right now. A 24-year-old aspiring real estate investor from Sacramento CA has a great blog that he updates on a regular basis.
He offers insight on short sales, mortgages, finances overall and just the struggle. What I like is his compettive nature. The way that he's trying to learn through this experience and grow.
After going to few seminars he bought 8 houses in 8 months across 4 states with no money down. I fixed and sold 2 and then ran out of cash. He's now facing foreclosure on 4 houses.