Hey @Pnade Marsh Auctions are by far my favorite way of finding high quality cash buyers.

One of my favorite restaurants has a black spray painted drop ceiling.  

I'm awesomeWork in Music Business full time at WME/IMG and am a licensed Real Estate AgentGot my license to purchase my second home, to turn my first home into a rental--which is currently worth over 2x what I paid for it and cash-flow it $1200/moLooking to purchase addl. rental properties a la BRRRR and other meanstrying to figure out if i should cash out to buy addl. properties, HELOC it to leverage addl. capital, etc.

Carlton Williams my favorite book for a good dose of theory and also action steps you can take to move forward in MFR is Ken McElroy's "The ABC's of Real Estate Investing" and his second book "The Advanced Guide to Real Estate Investing."

Some of my favorites are: www.dreia.org / www.breia.com / www.reandb.com .

Hey Account Closed  Auctions are by far my favorite way of finding high quality cash buyers.

What are your favorite books, seminars, and podcasts thus far??

@Jeffrey Wagner there's a bunch in the area but my favorites are: www.dreia.org / www.breia.com / www.reandb.com - hope to see you at one of them real soon!

This is One of my favorite things to do when I don't have anything going on.

(Non-beginner investors can do OK with condos on a short-term basis at the right point in the market cycle but care must be taken not to be without a chair when the music stops.)Third, in this particular case the #s are not only tight, by my calculations they'd actually put you into slightly negative cash flow.Using the same format as the original, my numbers are:Property:Purchase price: $95,000Down payment: $19,000Private $ down payment loan: $14,000Real down payment: $5,000Monthly income: $1,100Yearly income: $13,200Operating expenses using the "50% rule": ($6,600)this would include taxes, insurance and HOA feeYearly mortgage pmts (main mortgage): ($4,896)(76,000 loan for 30 years at 5%)Yearly private loan pmts: ($1,782)(14,000 loan for 10 years at 5%)Yearly free cash flow: ($78)For all the reasons above, I would recommend you continue saving until you have the entire down payment.