Bringing in experienced partners took a lot of the uncertainty off the table, and let me move on to finding the next deal.I think it's important to realize that no matter what you do, you're not going to get rich off of your first deal.

But post 2008 crisis, the combination of low interest rates, low unemployment, high property appreciation, proliferation of syndicates, YouTube videos touting RE riches and more chatter around blogs, RE sites etc, all of that had made RE investing a lot more popular among various tranches of the middle class.

Real ambitious people might have gotten rich after being laid off if they just figured out how to make toilet paper!

@Rich Hupper Shouldn’t make any difference. 

That's pretty rich, but if your business plan supports those cost of funds then it doesn't mean it's a deal breaker.

thank you, I’ve been with Municipal credit union for some years so I’ll see what they will offer me ,I have no experience with rehab/construction, land lording etc but would love to learn it to know how the process works Currently in the process of reading rich dad poor dad and will read that bigger pockets book soon 

Just add a little cushion into your numbers and pull the trigger.As @Brandon Turner says, "your first house won't make you rich but it won't make you poor either."

My goal is to own luxury apartment complexes down the road.My Favorite Business Book: Rich Dad Poor DadMy Favorite Real Estate Related Book: The Book on Rental Property Investing by Brandon TurnerHobbies/Interests: College Football, MLB, NBA, NFL, architecture, The Office, golf, surfingContact: I am very responsive to my email which can be found on my profile.Thanks a lot and I hope to meet and learn from some of you.

The super rich obviously: they will be buying at a discount soon.

I found the below books super helpful so I strongly recommend them:- The Millionaire Next Door- The book on Rental Property Investing- The Book on Investing in Real Estate with No Money Down- Long-Distance Real Estate Investing- The Millionaire Real Estate Investor- What Every Real Estate Investor Needs to Know About Cashflow- How I Turned $1,000 into a Million in Real Estate in My Spare Time- Rich Dad Poor Dad- The Book on Estimating Rehab CostsIn terms of your budget - is this something you already have in cash?