Another common route is borrowing from private lenders—whether friends, family, or other investors in exchange for a return on their investment, though you should always ensure everything is clearly agreed upon in writing.If you're hesitant to use your savings, a HELOC or hard money loan might be your best bet for accessing the capital you need without dipping into your reserves.

I've been saving since I read Rich Dad, Poor Dad.

To enhance your real estate investing knowledge, consider reading books like "Rich Dad Poor Dad" by Robert Kiyosaki, "The Millionaire Real Estate Investor" by Gary Keller, "BRRRR: Buy, Rehab, Rent, Refinance, Repeat" by David Greene, "Set for Life" by Scott Trench, and "The Book on Managing Rental Properties" by Brandon and Heather Turner.

Many thanks in advance,Victor Talking with my friends contractors in the area... some of this contractor offered very low price for their projects betting to build many units and market changed and they simply started to file bankruptcy... when comparing cost it's common you will find higher costs ... been in this market last few years, houses will start to move again in the next months in a normal cycle (not pandemic cycle) , if you're goal is getting long term rental in place for delay gratification...

This is an example of being cash poor and what can happen when you do not have equity in properties, or worse - have negative equity because you overpaid on seller financing. 

Hi Diane,If you're looking at properties with purchase price values under that 75k mark then your best bet is to start with a light rehab loan scenario.

It helps to start by picking one or two markets to research in depth, especially those that offer good value for your capital or align with your goals.For resources, I’d suggest diving into books like Rich Dad Poor Dad to build a solid real estate mindset, and maybe explore podcasts or online forums where real estate investors share experiences.

I would bet your money is gone and the agreement to invest was fake.

If you want to take a risk and possibly come back in a year wondering what to do with a property that is performing poorly, then no it's not necessary. 

They will add the payment to the next month's payment after the issues are resolved which would be November in my case.Section 8 tenants are poor.