New RE investor - Next Steps

[Amaju E.]

Hello,

I just identified an investment property I am interested in here in the Bay Area California. The current offer price comes close to the 1% rule after the rental income from the fourplex, and is able to cover the mortgage payment plus some cash flow according to a quick calculation I did.

I know I will need to act fast to stand a chance in this competitive market.. What should be my next steps? How do I go about making an offer? 

Thank you