Start with learning how to run comps, how to estimate repairs, how to find deals, how to negotiate with sellers, reading and understanding a purchase agreement, finding an investor friendly title company, having an attorney create an assignment agreement for you, contacting investors to put on your buyers list etc.

Purchase price: $352,000 Cash invested: $70,000 This is my second ever new construction development!

Our strategy is to purchase a multi-family unit that would allow us to occupy one unit and rent out the remaining units on a long term basis. 

I'm potentially looking to purchase a small rental building which falls under the NYC rent stabilized program.

I would want that question answered before purchasing anything. 

I'll probably update when it closes but I am curious of others' experiences in the meantime.Hi Michelle, Yes I purchased a property at Bennah Oaks too so happy to meet you and share our experiences.

They always send pictures pre-rehab and say it will be done with the purchase price.

Purchase price: $110,000 Bought the house of the MLS.

I started as a realtor so I also had to wait two year for better reported income to purchase.

Purchase price: $215,000 Cash invested: $75,000 Sale price: $410,000 Total and complete renovation!