@Amy HatcherI live in San Diego as well and recently took the plunge and started investing out of state.

okay so I'm ready to take the plunge into real estate investing. looking for multifamily properties in the south New jersey Market I have 80k to invest.initially I was just planning on doing a conventional loan with 25% down and 5% percent interest rate.so thats probably enough money for my first deal but then that has me thinking about whats next. how will I fund the next deal. so what I was thinking was if I could find a way to pay less then 25% down for each deal. anybody have any ideas on how to do this?

The only thing left is to take the plunge and get out there and meet some of you!

We took the plunge and built out our team so we can handle decor and light renovations internally.

I saved the BP calculator that I ran on that deal because it was our first big plunge into this REI stuff. :) Once we were in our unit, we were "paying rent" (to ourselves of course) to the tune of $700 a month.

Hopefully it would take off and pay for itself, but it's hard to take that big of a plunge without being able to "test the waters" first.

Be sure the net rental income covers any loans you have until you can pay back in full (another deed in hand) or you can refinance to hold itself.Now, again, this is my opinion and I am sure I will get bashed for it but I like a good safety net before plunging in deeper waters and leverage too much.

However, I made my money on it buying them in market dips, where prices can plunge more than 50%, and sell them for 2 or 3 times what I paid for them.

But never took the plunge in going into REI.

I’ve been looking at properties and trying to analyze them via calculators for flip, BRRR and rentals like crazy but they never come out as making a profit even though on the surface some look really good, others look...