Purchase price: $50,000 Cash invested: $22,222 The home we are looking for sale is very huge and confortable for you.

I believe you are talking about a lease option. you will have two contracts. one for the lease, and the second for the option to buy.Negotiate the price now and they have it locked in. also negotiate the down payment on the option, what are you and the seller confortable wtih.I dont know if you can do a credit, someone smarter than I might know that.

This is not fair, and I believe I can persue futher actions if this is not solve because I believe nobody will be confortable of having to wake by and seeing 3 children right outside your window.The on site manager didn't really care about my complaint until I told her that those kids are not resident there and I will calling the police.

Right now I am confortable with properties that need cosmetic rehab.

I’d like to start off local and then once I’m confortable with my portfolio, I’ll branch out to other states.

Again, what is your confort level?  

But it also depends on how confortable  you are with structuring and  negotiating the deal.Take care,George

When you feel confortable and are ready to expand, go ahead and buy more.

I do it per house.lets say a house cashflows $1000, for easy numbers and we determine $10k in the bank is where we are confortable.

Hey @Eric S.You should talk to a real estate agent when you are ready to pull the trigger and buy as soon as you find the right property.In preparation for that, make sure that :- you know how much you can afford- you have been pre-approved by a lender (if you are raising financing)- you have the cash for the down-payment in the bank- ideally you have the contact of a home-inspector to schedule the home-inspection asap- you have the contact of an attorney you can use.Knowing what you can afford and the type of property you are after, contact the real-estate agents with property listed and explain them what you are after.Good agents will take that information and source properties for you that matches your criteria.As you start engaging with more and more realtors, you'll have a feel for the one who understands your requirement, you are confortable working with and is good at his/her job.That is my 2 cents