I'm excited to have a shot at a 2% SFR really soon, and even if I don't get either of these it's good to know the deals are still out there in my town if I hunt hard enough.

I couldn't be more excited to start our real estate future.Purchase Price: 115K (estimated value of 135K after repairs - short sale)Down Payment: 25%Loan: 86,250 (private money) 20yr note 500 paymentClosing Costs: roughly 800Repair Expenses: 5,100Monthly Rent: 1,300Property Taxes: 2,800Insurance: 900With all of that I project we'll have some positive cash flow and pretty good initial equity due to the purchase price.

I'm Pat, and my fiancé and I live in Hawaii and we're excited for the future!

The unit mix is also an issue; you'll get a different tenant base looking for a 3bd than an efficiency, and they might not want to live next to each other.I think you might want to exercise caution and do some more research before you get too excited about this one

Hey Sharrod,That was so exciting to hear because I never really feel like people my age are doing much around here.

I am interested in making my 1st investment in 2014 so here I am; anxious and excited to learn as much as I can.

Kris and CK are talking about private money, which is not available to retail buyers.While 3% sounds low, it is also true that there are people who have different appetites for risk, and there are people that don't even bother to ask the risk/yield question and are just excited to be "investing in real estate".

So look at this as an exciting opportunity to learn and grow and not as a negative.

Then one of my (best-paying) tenants told my handyman that she's excited about the lights and she's been waiting since October for Xmas to come..

I am very excited to be with you all on Bigger Pockets.