You'll also need to show stable income for the past two years through W-2s or tax returns.Talk to 3-5 lenders to compare their rates, fees, and terms.

I initially offered $200K in cash, but the seller countered at $240K.

I’m looking to invest in nearby areas, focusing on fix-and-flip projects and new ground-up construction.

The investment club model helps the individual investor invest in million dollar real estate deals without needing to have millions of dollars.

It's essential to do your due diligence and perhaps consider investing in more established or upcoming neighborhoods.Property Taxes: New Mexico's property taxes are relatively low in comparison to other states.

Might be a little bit down the road for me, but that is for sure dream that will come true...One Chicago's best features is the lake, which I'd like more access to.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

@Jade Frank I agree with what @Dominic Mazzarella and others are saying here, but If you find the downside outweighs the gain and you ultimately decide to sell the property, Since the property was held for investment use it would qualify for a 1031 exchange. 

Reach out to real estate investors through LinkedIn, Instagram, or networking events for further advice and resources.Good luck!

Especially in the kitchen.