Hi all,My wife and I are contemplating our first real estate investment and are trying to decide if this deal is a good fit.About us: Late twenties, no children.

I am also contemplating getting into mobile home purchasing or even a multifamily unit.

I'm contemplating cash flowing in WI, where I was born and where I have relatives (some basic support structure) Also, the market there seems to be where SoCal was in 2010-2011.

@Ben LeybovichI'm not contemplating buy and hold, only house flip/resale at the moment.

The primary lender is going to want to see some of your own cash into the deal.If you can orchestrate a deal like you're contemplating, all the money would go to the title company and be disbursed at closing.

I'm aware of others contemplating the same thing.

I like that you are thinking bigger, but contemplate are you thinking bigger but the ladder is leaning against the right tree?

I am contemplating starting a partnership with 10 investors at $50,000 each to raise $500,000 to be used to acquire, renovate and re-sell residential homes. 

I am contemplating leaving all the new stickers on appliances, windows, vanity, counter tops, etc...any thoughts on this?

And I'm contemplating picking up 2 more this fall, vs. another multi.