Anyway, just a little bit about me: I'd consider myself an "intermediate level" wholesaler with ~40 deals under my belt.

Originally posted by @George Blower:@Preston L'EcuyerWelcome to Bigger Pockets.

IE west coast high priced compared to rust belt areas were homes are rentals are priced like used vehicles.. but even those low value assets will have running costs that will exceed cash flow many times..  

@George Blower, thank you sir. 

Thank you for the invite, after I get this first one under my belt and running I will be working on number 2.

I'm also newer to the investing world with my first multifamily purchase beneath my belt. 

With history and experience under your belt, you should have no problems finding a lender who will allow a contract with no DD.

To speak in very broad terms, you will want to wait until you have a full time job, and a few paystubs under your belt before you consider anything. in my opinion, living at home would be worth it for 1-2 years to save that much money.

I would check out this meetup:https://www.meetup.com/Black-Belt-Investors-anahei...This is a great place to network and get really good information. 

@Jimmy Dang I have 6 flips under my belt, really feel like I'm getting the hang of it after all this time.