We also knew what we were looking for and jumped when we found it.

Tell us a little about what you are looking for to get started!

I'm just gonna leave this here...

I’d appreciate any guidance or tips to get started on the right path.

Now you can always rent it out and just keep it on the down low but just be aware of the risk.

Definitely look into local meetups, REI groups, and BP networking events to connect with like-minded investors.

Quote from @Lee Banks: Hi my name is Lee I'm looking too buy my first rental property and but I feel as if I need a mentor to watch, I still need to learn the basics of real-estate does anyone in New York do programs or mentorships and where would you start if you first started real-estate today  Hello Lee,I'd recommend looking up local meetups here on BP, meetup.com and, eventbrite.You can also call around to speak with RE investors and professionals in your target market to begin making connections.With so much available information online, I'd recommend speaking to a few people and doing independent research before committing to mentorships.

Looks like you did not see what I typed.

Like @John Underwood, I always just go look at the competition.

so, it could be ( am throwing out random numbers) a purchase price of $350K with $10K down, and then 30-year amortization at 6.5% with a balloon payment due in 5 years.