Plan for your next property but there's no reason to rush into something so quickly.

A mixed way is often best, with plans for money coming in and extra backup for any surprises.

I am getting ready to purchase my first rental property in Oklahoma City, OK and I’m looking at an home that is priced under $80,000.I plan to put 25% down to get the best rate.I’m from California and haven’t run into this before... but it seems like there are lending minimums and a conventional loan of $60,000 isn’t something I’m finding easily.I could likely get a hard money loan or get a HELOC on my primary residence and purchase the home with cash... but I don’t like these options because the interest rates are higher than a Conventional loan.Besides hard money or a HELOC, are there any suggestions on how to get this smaller loan at a reasonable rate?

I want to start wholesaling and work my way up to buy and holds.I am currently planning my first wholesaling campaign, and I am about to take my first leap into investing.

There are pros and cons to each asset class and which one fits with your time and energy in the management.

Is your plan to rent by the room?

It's good you are planning in advance. 

Or also tax planning, specialty tax credits, etc.? 

I am an engineer with a full time job, but plan on continuing to purchase rent ready properties to slowly build wealth.

I am planning on being married in the next year and a half and my partner and I are currently saving up money so that we can start investing in real estate, we are targeting fall of next year to start and should be able to have $80,000-$85,000 to invest.