was told relativistic mass is not real mass.
I'm not sure what you mean by that. It's as real as your bank account.
What special relativity tells you is that the measurement of the same quantities, done from different frames of reference in motion relative to you, yields different values. But those are REAL values, they're not made up values. When you measure particles here on the surface of the Earth that result from the collision of cosmic rays with the atmosphere, those are REAL particles not "made up" particles. When the atomic clocks aboard GPS satellites is set up before deployment to be faster than clocks that remain at the surface, it is a real effect; the clock rate is as real here as it is from the satellites in orbit, it's just that different frames of reference measure differently.
assumed that the mass gained by an object was proportional to it's speed
It is certainly not proportional.
It looks proportional, and the velocity composition law looks linear, because the at small enough speeds the most important term of the Lorentz factor http://en.wikipedia.org/wiki/Lorentz_factor#Definition is a single linear term from the Maclaurin series for that factor. But the effect becomes noticeable (and quadratic, cubic and other terms of the series become dominant) at high enough velocities. But it is most certainly not proportional.
at 99% c regardless of its initial mass it's weight would be almost unfathomable.
Not quite. It'll be 1/sqrt(1-0.99^2) = 7.08881 i.e. around 7 times more massive than its rest mass; that's quite far from "unfanthomable", unless you consider an adult to be "unfanthomably" more massive than a child.
And by the way you mustn't confuse mass with weight. They're not the same thing.
a 3.86 kg object traveling at 99% of the speed of light would weigh just 27.4 kg.
See the above.
I confused about the relationship between weight and mass or relativistic mass
There is no relation. Mass is a measure of amount of matter, weight is a resulting force in the presence of a gravitational field. You feel weightless if you're freefalling, but you're NOT massless.