Real estate owned properties

[Skyler Flintall]

Hey BP I’m really looking forward to the insight I’m going to receive on this question. The answer is probably already here somewhere but I’m super pumped and overloaded/whelmed with reading right now so I’m just going to shoot.

Newbie investor in New York City looking to invest in Englewood, NJ, Rockland County, Westchester County area. I'm looking to acquire a multi family property REO and househack. I'm coming to the table with cash. What am I looking for specifically when analyzing these type of deals. Also I don't look too good on paper as far as credit but like I said I'm coming with cash, but how much cash is good cash? I'm reading a lot of success stories and I want to do the exact same. What's my next step cause I might be in a little analysis paralysis?