I have about $3,000 saved up and don’t know how to get started.

At 27, I finally have enough in savings to start investing in real estate.

A little about me:  I’m from NYC, in my mid 20s and have some money saved up that I’d like to put to work but need to know more about what to do with it.

But really, tell the seller to go get a lawyer if the property is worth saving.

Your cash flow would go to a maintenance fund, and could also be saved towards the downpayment for your next investment property.

For some unknown reason you were tested today, you saved a fellow human's life, and showed what you are made of under pressure.

We both work full time, so I think the downside I need to consider would be a slow down to our ability to save and calculating the opportunity cost of our savings.  

I saved $12k in realtor fees.

During that time we will save up and purchase another property strictly as a rental property.I will send updates as we move forward.

If I'd have called my landlord a couple years earlier and found out he was interested in seller financing I could've saved a third of the price vs. waiting to ask about buying it 'til my self-employment and rental income made me able to obtain conventional financing.