After that initial down payment, the bank will basically be financing your investments.

Once pre-approved, gather your financial documents like pay stubs, tax returns, and bank statements.

What financial targets do you have?  

@Rory DarcyRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Quote from @Joe Gellenbeck: Hi All,I am new to this community and real estate investing in general, but I'm excited to jump in.

It is definitely a bit more tricky on an investment property, but it can for sure be done.What area of Chicago is the property in?

Hi,I am an investor in single family homes and am interested to use my equity in them to start investing in multi unit shopping center retail.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Together with it, i have a mortgage free apartment that serves as financial security. 

Congratulations on your new investment property.Cheers!