I think I missed the boat on my first property :(

[Duane Gunkler]

So I've been doing lots of reading, watching lots of webinars, listening to blogs and I found a property I was really interested in purchasing. It is a 4-unit property that I could either purchase and rent (all four units have tenants currently in place), or house hack once one of the current tenants moves out. If I were to pay full asking price, keep the rents the same, and put no money in to rehab -- the Cash Flow would be $620/mo and a CoC return of 13% after figuring in vacancy, repairs, capex, and management.

For me, this is a no-brainer that I wanted the property, but I don't have the funds to get it.  I've been trying to figure out my options, but don't really know where to begin to find either the money to do it myself, or a partner to do it with.  I have read the posts and info on doing it with low/no money down, but I just couldn't get my ducks in a row fast enough this week since finding the property.  My realtor said that they updated the notes on the listing to say that they've been getting lots of offers and that they were going to take the highest offer as of 9/1 at 5pm, but it is still showing available, so not sure if they actually accepted an offer or not.  

I know there will be plenty of other deals that come along, but I am frustrated that I wasn't fully prepared yet.  My original goal when I came to BP was to begin my real estate investing when my lease is over in February, but I don't want to keep sitting on the sidelines.  I'm eager to get in the game and learn through experience.  Back to the books I go...for now!