Doing some local bank hunting can save you lots of money.

I have enough money saved up for the down payment on a small property however I don't have the credit to get a loan.

Anyone focusing their efforts on foreclosures is probably also saving up money to buy a Blockbuster Video franchise.

I am not in a hurry though I know some people want to buy 20 doors in a year or something but I like save enough down so that I am "deep in the money" on both cash flow and equity. 

Most importantly, hopefully I can save another family from the type of headaches we've endured.

They saved me a ton of money,

Hello everyone - i have a question about the feasibility of a strategy I hope to employ in the coming months to make my first real estate investment:I currently gross ~150K annually, have a 750+ credit score and have saved ~$40k that I can use to purchase an investment property.

That savings doesn't seem to translate to prospecitve tenants.

These are not the guys I hand off to acquaintances who ask for recos, because while I can get good work out of them, I'm not sure if other employers would be so hands on -- and a hands off employer might not get the same good results.I guess saving money by acting as my own GC means doing some of the things a GC does. 

.#1 Save your money for a down payment on a property which will allow you to live in as well as bring in some additional cash for your real estate journey.