Finally made the decision to act on the opportunities and get my feet wet.

My area of focus is buy/hold with value add opportunity for small multi family residential units around KS and MO. 

Offer to help them out in exchange for the opportunity to learn.

.-- Look for opportunities to recapitalize, either by raising private money (unlikely this early on) or "collateral assignment" loans to borrow at, maybe 7.5% while re-lending at 15%.-- I keep doing this until I go from $60 a month to $830 a month, which would take 28 investments assuming they were all $5k notes yielding net 7.5%.

I don't believe that i personally need to have capital to get started, but every time i find a deal that i get excited about i get frozen, don't act, and lose the opportunity First thing I need advice is how can I approach a deal with no money?

I don't believe that i personally need to have capital to get started, but every time i find a deal that i get excited about i get frozen, don't act, and lose the opportunity First thing I need advice is how can I approach a deal with no money?

I have the opportunity to put a small portfolio of 7 units (a fourplex and 3 houses) under contract in a small town (Red Oak, IA) which is about 45 minutes outside of Omaha.

It may have just been the right opportunity for the seller, he did get $90MM after all

This is a great network of folks and I'm looking forward to engaging in the forums and ultimately meeting some of you if there are any in-person networking opportunities forthcoming in the D.C. metro area. 

How long are you intending to hold the property and is it a value add opportunity or already fixed up?