Purchase Price: $39KRehab Cost: $32KARV: $100K  As you can see from the pictures, We redid mostly everything here; Windows, doors, flooring, kitchen, bathrooms and drain tile in the basement. 

I highly recommend that you utilize a low down payment loan (preferrably 5% down since it has less closing costs, you can get out of mortgage insurance once you hit 20%, and you save your FHA for another purchase) and move into a 3-4 unit property.

When you rent a home you normally have to get a credit check so it makes sense that someone lending you a lot of money to purchase a home would also want to see your credit history.

Purchase price: $81,000 Cash invested: $210,000 Nearly full-gut rehab in the Captain's Landing Subdivision.

I would love some advice on trying to navigate this if anyone has purchased a property like this before and wanted to know what are the major things I need to be concerned about.

So the most important thing when purchasing any property is location.

I am looking to pull out about $100k right now in order to purchase some investment properties. 

AND, why it's called INVESTING and NOT Pay-Check-Purchasing.

Purchase price: $153,000 Cash invested: $40,000 Recently updated duplex with tenants in place.

@Steven Catudal congrats on making your first purchase!