New Investors - 100k To Start

[Account Closed]

Overwhelmed!

My husband and I are actively looking for our first investment property. We are both agents out in Salt Lake but it’s very expensive here so we are looking seriously in Witchita, Kansas, Witchita Falls, TX and Tulsa, OK but open anywhere.

I’m stuck in analysis paralysis!

We only have 100k to start so we were thinking of buying 2-3 small properties with traditional financing. Using cash for the down payments and cash in the bank.

Not to mention properties are going fast with cash buyers 😩

We have a 300.00 a month HELOC (if we max out the loan) that we took out, so that is playing a part in our numbers.

If you were in our shoes, where would you start? What strategy would you use?