With 700+ credit you should be able to get mid to high 6s if you pay a couple points and do a 5 year pre payment penalty.

Start with house hacking, invest in credit and education, and leverage electrical skills.

Well....should you invest in a city where the people elected a woman with foreclosures, liens, judgements, garnishments, ethical violations from the state ethics board,  misused a city credit card, went three years arrears on her federal taxes all while yelling for other people to pay "  their fair share, " left skeletonized dead bodies hanging over Canal St for months on end covered only by a tarp until the wind blew it off to reveal to our horror her blatant disrespect for human dignity?

I have the credit score and make a good monthly living but I have no cash save up but have 2 cash flowing rental properties with one of them having some equity.

Just to have the line of credit there if the opportunity comes my way. 

The ability to do what you want, when you want, and have money coming in to support that.Things to work on: savings, credit, going to local real estate meetups, listening to podcasts, reading books.

Hey @Roy JenkinsAs long as you have good credit, typically above 720, being a first time investor won't be overly punitive.

(Couldn’t really afford the place, didn’t have good enough credit to be worried about an eviction, etc etc..)2) They should have posted a 5-7-10 (depending on local laws) to “pay or quit” as soon as the ent was late and started eviction.

Maybe with automatic payment stuff and you can request changes to your credit card due dates, you can take as much advantage of the float. 

Easiest time in history to do a short sale.