@Michael B.It is good that you are realizing this issue prior to purchasing anything.

Quote from @Michael Baum: This is a cool place.

@Michael BaumCurrent home is roughly I have roughly 200+k in equity in my home at the moment. 30k in debt I’m tryin fro pay off.

Quote from @Michael Chase: Good Evening everyone,After months of research and years of thinking about investing in real estate, I'm ready to do my first deal. 

Like @Michael Dumler, said you should have some capital to get started and this book walks through a framework for that.As already mentioned above, a house hack will probably be one of the best strategies for you to get started and take action while giving you a great return because of the low % down needed to get started.

Quote from @Michael Merino: I don't want to link to any specific house.

@Michael Kotyk - Wow! 

Quote from @Michael Kinsella: 10% is a reasonable rule of thumb for many.I think what @Marty Boardman said was intelligent, i.e. asking a prospective private lender, "What kind of return were you hoping to get?"

@Michael KinsellaThank you.

Quote from @Michael P.: Now people can see 1% rule is to protect you from something like this LOL, Toledo Investor asking 1% rule in 3%-4% cap rate like in CA.