My wife and I live in San Clemente where we are hoping to start our first real estate investments.We are very new to real estate and are definitely in the educational phase.

Ive always had a passion for real-estate but only started to really accelerate my REI education within the last three-months.

Logan,Look around the education section on b/p they have all kinds of information there for you.

You can start there and learn about lots of other places to get education, build your team etc. https://jetlending.com/event/650-investors-attend-last-meeting/Also, if on Facebook, join local investors groups.

If there are tons of offers on a well priced property then you likely have little to no leverage.

Armchair agent attorneys, mistakes agents make and don't tell you about in a transaction until the last second or after the fact, notices from real estate commissions about (agent non-compliance for continuing education, back child support owed, student loan delinquencies, IRS tax levy request notices to broker on agents part of commission payout on a transaction,non-payment for agent license renewal fees, etc.)It goes on and on and on the drama.

Brother 1 - has 20k car loan, 5k personal debt, 3k school debtBrother 2 - 10k cc debtMe - 32k student loans, 10k car debt 0 cc debt My question is should we use the money to pay off some of our debt or keep leveraging debt and get another multifamily.

Could you please share how I would get that $30k out of this deal to leverage into another deal?

Remember, the BRRRR method also requires that you still cash flow positively, even leveraged at 70-75% ARV!

If you really want to be able to explain it to sellers, you need to learn all of the different structures well enough to be able to educate them.