I too am looking for my first property and just about ready to pull the trigger.

I'd call the seller, tell them you'll put $10k hard if they extend another week (but only if you're sure you can pull it off)

It would be temporary use of those fund as I'd cash-out refi the duplex and pull that have into the HELOC.

Preferably at a minimum I would like to be able to pull out my initial investment of 25%.Appreciate everyone's help!

Pull some out, fix the issues, use the rest to find another deal.My 2c

While also pulling out a little cash from the refinance. 

@Daniel Mellon The most important thing to educate yourself as much as you can prior to pulling the trigger.

I'd pull the listing, get WAY better photos made (lighting and wide angle), and relist $75 *higher*. 

On your first property (having no experience) how often is it ok to ask your agent to pull comps and run a CMA for analysis?

I’ve been interested in RE investing for several years, as I’ve found that I’m good at digging up opportunities and closing, and I enjoy crunching numbers and analyzing problems.I’m interested in meeting people who have set up private money / private equity deals in the past, especially if it involved single-family residential buy-and-hold strategy.I’m also looking at pulling the trigger on the local Lifestyles Unlimited seminar, because I have a lot to learn, and also because I want access to what Lifestyles considers “best practices” in what will be my market.I’m happy to hear all sides of any idea and my hobbies include playing devil’s advocate and drumming at my local church.