Any tips if I need 10k to purchase cash or suggestions for loans?

Is there anything I should/shouldn't do with this purchase in regards of my mortgage, down payment, etc. that will better prepare me when I look to purchase another investment property?

Purchase price: $199,000 Cash invested: $40,000 Long term rental What made you interested in investing in this type of deal?

High paying local jobs.Monthly cash flow: $306 /moIncome:  $2,250 /moExpenses:  $1,943 /moCoC ROI: 2.69%5-year annualized return 4.91%   Mortgage payment $1,394.53Rental income: $2,250/mo Expenses: $1,943Loan detailsTotal cash needed $136,739Purchase price$ 336,990Loan amount $206,990Loan term 30 yearsInterest rate 7.1%Monthly expense breakdownTotal expenses $1,943Mortgage $1,395Taxes $280Insurance $47Variable expenses  $180Fixed expenses $42Monthly Fixed expenses: $42 electricity $0gas $0water & sewer $0hoa fees $42garbage$ 0Other$ 0Monthly Variable expenses $180Vacancy $180Maintenance $0 (new construction)CapEx $0 (new construction)Management fees $0 (self manage)ReturnsNOI$ 20,412CoC ROI 2.69%Pro forma cap 6.06%Purchase cap 6.06% 

Local conversations are always better to get started...then once you find a location you're wanting to purchase in you have a really good baseline for what's out there.

Purchase price: $309,000 Cash invested: $30,000 Sale price: $454,000 Full live in remodel including out buildings and dock - Built a hobby farm/hosting business too.

I just recently purchased my 4th multi-family property this summer and now I am debating what my next step should be.

Hi Riyanka, I am don't have any contractors that I could recommend, however I would be able to assist with getting you set up with a lender who can provide the purchase and rehab as well as the cash-out when rehab has been completed.

The market is tight right now, with higher interest rates, limited inventory, and high purchase prices making acquisitions challenging.

We have Lowes and other accounts to purchase materials for repairs or renovations.