I've not yet invested in my first property, but I plan to purchase my first one by the end of 2023.

I like small units (they don't trip breakers) and they are cheap.

Purchase price: $205,000 Cash invested: $60,000 This was the first property I purchased.

Purchase price: $450,000 Purchased property out of foreclosure, had problems with holder over tenant, but has been resolved, will rehab property to rent at FMV What made you interested in investing in this type of deal?

Quote from @Srikanth Kumar: Hi Everyone,I’m relatively new to long-distance investing and am exploring the purchase of multifamily properties in Cleveland.

I am learning a lot about real estate and want to purchase a rental property in my area.

I am considering purchasing in Lower Dimond and any of the directly adjacent neighborhoods.

Quote from @Yash Shah: Hello everyone,I'm new to this group and would love to hear your thoughts on the pros and cons of purchasing a corporate or bank-owned home.

Quote from @Michael Overall: Good day, If an investor has 10 rentals and wanted to over time sell them and put the money tax free from a 1031 toward a large purchase is there a process to do that? 

I can help with the refinance to pull equity out, but no the purchase, as 99% of the industry won't finance mobile homes.