Mother in law unit is genius for getting your feet wet.

I would like to get my feet wet as soon as possible, but I’m having trouble deciding whether or not Northwest Atlanta is the right place for me to invest.

I also have 22K in my stock portfolio and 65k in 401K that I am skeptical about using to finance a deal, but not completely against it as I am 32 and have a strong career ahead of me.Looking to invest in a small property to get my feet wet, around 150K and in a lower income neighborhood as our  local market is quite expensive at the moment.

There are numerous significant red flags here; Financials, title, rent roll etc. 

Hey @Teren Cooley, congrats on getting your feet wet.

Hi everyone, I took the plunge today getting my feet wet again in purchasing multifamily.

I made numerous connections, found private investors for purchase and rehab and refinanced a number of properties.  

There are numerous options today; each have their own unique features but also similarities.Besides partial payments, what other features are important to you? 

There are numerous hard money lenders that will lend to you for the renovation and then do a refinance to take out the hard money and provide you with a fully amortized loan, even with credit challenges.Stephanie 

Get your feet wet and make sure you like the business.