Keep learning and keep searching for the deals, once you find that deal you'll realize not only can you afford to invest, but you can't afford not too!

offer from someone lacking two nickles to rub together that can't close because they can't even afford an appraisal.

If they can't keep up, they probably can't afford the place any longer.Depending on how involved you want to get, you could also encourage or facilitate the tenant getting a new roommate.  

These are simply suggestions and your own risk tolerance will guide your final decision:Slow and Steady: $100K should be more than enough to afford down payments on a couple small multifamily units.

Fortunately or unfortunately, depending on how you look at it, I had a large source of income and could afford to make mistakes.

I am an investor and licensed Virginia Realtor living in Northern Virginia who enjoys transforming and improving communities by rehabbing run down and abandoned properties and making them available to families who would otherwise be unable to afford a home.

The problem is that my partner is currently low on cash and can't afford to provide funds for the downpayment, pay the mortgage during the period we have the property listed for sale, or fund any other large expenses that might be involved.

I have one supervisor who is responsible for managing my duties at both companies.So here is my concern - I am concerned that underwriting will consider my second paycheck as a second job, and therefore not include the income b/c I do not have a 1 or 2 year history of that additional income.The house I want to purchase is 500K and I have a 15% down payment saved and I can afford it with my new salary of both companies, but I will not meet the DTI criteria if the additional compensation from promotion is not counted.

Changes as far as the tax issues **I'm 25 and pretty much if I was trying to rent a apt , it would not be affordable in any way shape or form ...

My interest in real estate is to help rebuild neighborhood home in the local community and help provide affordable housing for low income family.