What price point should I look for?

[Murray Reginald]

Hello All,

I am highly motivated in becoming an investor, I've been educating myself with Brandon Turner's book on The Book Rental Property Investing, I could be jumping the gun without completing the book however, my question is, can I find properties in the price range of 100K to invest with a cash on cash return in a descent area with a good cash flow, my concern is the down payment I am not wanting to spend no more than 25-30K for a down payment. Is this possible or am I missing something.  

[Jennifer Volek]

Hey! -100K is going to be hard, however rents are increasing significantly! Have you talked with your lender to see what your options are as far as down payment? Ask your lender about DSCR loan for rental property and then call me and we can see whats out there and makes sense for you.