Keep in mind that most auction companies add their percentage to the high bid, so you'll have to have that figured into your price.

What are the things I should keep in mind?

Is the email search function broken?  

It helps if you've already done business with them.A more common way to get this done would be to find two partners and the three of you each put in $125k in equity.Also, you don't mention if the property needs rehab but one thing to keep in mind, my experience is that your capital required to complete a large deal is not equal to the amount of the down payment.Even if the property is in pristine condition, you need more money for third-party reports, professional fees and working capital.

I'm not a flipper so keep that in mind.

I am also from NY and would love the opportunity to connect if you don't mind, I just sent you a colleague request.

Did you have an area in mind?

I'm looking to meet like-minded folks who can share experiences and advice.

I want to move from single family into multifamily myself, but I will say that as a newer investor, 2 or 3 or however many sets of tenants can prove to be more work than one, and you want to be mindful of that.

I can’t find the search function and “My Discussions” isn’t working.