The biggest piece of advice for the first property you purchase is make sure it's a good one!

Purchase price: $300,000 Cash invested: $65,000 Sale price: $455,000 This house needed a full renovation to compete in the challenging Austin, TX housing market.

for non commercial residential I saw a study indicating that 97 out of 100 largest cities that it is initially cheaper to rent than owner occupy purchase.  

Have been looking into Commercial Retail shops, laundry mats, etc. but I am a bit unsure how much I could "purchase" with my current cashflow/down payment.

Greetings bigger pockets, I am in the process of purchasing a hotel and casino in las vegas on the strip.

I recently purchased an investment property and as I was adding the property to my BiggerPockets account there was a follow-up question that asked, "Did you work with any real estate professional (agents, lenders, etc.) that you'd recommend to others?"

Get the 2nd unit leased before you purchase the property, once you are under contract, you can advertise the property for lease.If you can direct message me I can get you a rental rate quote, most of my rental loans are in the mid 6% rate currently.Thanks,Dustin

I'll keep this post short and sweet: We are currently buying two properties under 50K each, but total purchase price for both properties would be 80K.

I am trying to refi my property so I could purchase another one so I was wondering if any is having the same problem with low value.

Purchase price was $110K, plus $10K in repairs.