I think the % rule works much better after you have a property or 3 under your belt so you know if it’s .8% 1% or 1.5% for your situation and your locale.

A deal is a deal nonetheless, and you've got your first one under your belt!

in a year I would like to have 5 properties or so under my belt. 

All of the carpet upstairs needed to be pulled back and several commercial air blowers were placed in each room for several days.

Hey yall, my name is Phil Lee, am 23, and I am currently a heavy equipment operator who wants to become a black belt investor.

Ideally I'd like to do my first flip and have 2 rental properties under my belt by the end of 2020.I've been on BP for awhile now.

First get a deal under your belt and learn how to be successful. 

Matt (above) and myself also flip properties, the margins have to be a bit bigger to deal with the licensing side of things and as the market has been rising cities have tightened their belts a little bit on contractors and investors.When I got started in 2007 I did everything wrong, the cities knew it but they were just happy that we were fixing some of the dumps and never mentioned it to me. 

I am a newbie investor, with many years worth of analysis paralysis experience under my belt. 

What job you think I can get started to get some mortgage knowledge under my belt.