Dont just rush in, stand back and decide who are the real players, the real investors and then get to know them.

I agree with everyone's responses.Unless you've got spotless credit (730+), most banks won't even waste their time.Reasons to go with a broker: access to multiple lenders (I could say 100s, but that'd be a tad over the top) to find the best rate, credit score doesn't have to be the best, specialization (most bankers do everything, and might not know how to tailor fit a loan to your needs).Obviously my opinion is slightly biased :D(see blog)

There will always be motivated sellers in every market, so interest rates can help and sometimes make it worse for an investor.During a time when interest rates are high though, multiple opportunities end up presenting themselves.

The intent is to start very slowly with the hopes that 1) we don't lose money 2) we enjoy it and 3) can at some point blossom the idea into multiple properties so we can add meaningful net worth.

I have a different stance on that, I have represented the seller and the buyer multiple times, and my morals and my name are more important to me than money.

A TIC investment is where multiple owners have fractional ownership of one property.

It is possible to handle multiple deals simultaneously,but usually you need hard money to do it.Hard money works because the lender looks just atthat property, and not at the fact that you have5 others in progress at the same time.If you find yourself turning down deals, or doingquick flips because you don't have working capital,working closely with a hard money lender can bethe solution...or not, it depends.Sorry to sound like a commercial.

I'm bumping this because I would really like to hear more ideas on how to manage multiple properties.

You analyze the other players, you calculate the size of the pot, you factor the chances of making your hand, you factor in 15 different things, but when you gauge your risk tolerance it needs to be HIGHER than normal if you are going to overcome your low funds.

You begin to have to weigh risk/reward factor on multiple different types of investing.