Newbie: 1st Investment Property

[Elvis Albarracin]

Resident of the Tampa, Florida area and looking to begin investing in real estate. You gotta start somewhere, right ? Would like to invest anywhere between $10k-15k more or less. As my title states, i'm a newbie and very eager to learn the ropes. I'm still doing my research on the many avenues someone can take in real estate investing. Not sure wether to purchase a property fix it up and sell OR purchase a rental property (word has it, if i can get my hands on a 2-4 family home that would be great). I'm full of questions with some obvious questions regarding financing; FHA 203(K) or 203 (B) among others. This is something that i'd like to do MUCH sooner than later, just don't know what my first step should be. Also, is $10k-$15k a decent amount to put into a property, do i need more, can i use less... Anyone out there with tid bits of information, i would so greatly appreciate it ! I'm sure at one point someone reading this was in my shoes as well, so let me know ! Thanks ~ Elvis