But I calculated a 97.5% LTV in my head, and it led to negative cash flow.  

Let me start off by saying that I have NO connection with FB or Than Merrill whatsoever. Many folks come here looking for "free" education. Well, here it comes, like it or else.Than Merrill will be all over the TV cha...

As I try to fill my head with as much information I can, any advise or suggestions along the way will be greatly appreciated!

I am currently looking to dive in RE investing head first,  I have no starting capital or  experience; however I have TON of DRIVE.

I am currently looking to dive in RE investing head first, I have no starting capital or experience; however I have TON of DRIVE.

I was also warned to be caution and really did get in a bit over my head, but as I look back I do wish I had bought almost everything that was on my prospecting list.

Welcome @Tiffany Wesley I'm Actually here in Dothan Al as well until Feb/March when I will be Headed to Bell county area as well.

@Patrick Diamond hit many of these issues right on the head and I really appreciate the advice.

If tenants are in you may be caught in a bad situation if they were not well vetted.I know Phillipsburg is near you and sort of "popped" into my head in your descp.Many of NJ multi families in that area were grandfathered in to local regulations and for that reason tend to be old, and the older in general tend to require more rehabilitation.Good luck!

Thanks for the heads up Bill.