I'd like to talk to you to get some preliminary information on your property and then I will get you a no-cost 8 page analysis to show you what your cash savings would be this year and going forward.

If you're looking to get into flips, being your on Realtor will save you the 3% commission when you list the home, and if you are buying off of the MLS, you can earn a 3% commission for purchasing the property. 

I think that since I've saved a lot and have stable income elsewhere, along with several other friends in similar situations, I'd like to get right into multifamily units and/or partnering on even larger stuff. 

sounds like you have some good ideas keep learning and save up capital in the meanwhile. 

I'm not sure what your financing strategy is for your early phases, but it will save you time and money in the long run if you're familiar with all your options now. 

, or just save any cash flow I might have to save up for a down payment on property #2?

Again live there for a year or two while we save funds for the next property.The next property would be a bit larger, it would be bigger than a four-plex I believe a commercial loan would be required?

However, nothing will save you from the property taxes here.

I’ve been learning as much as I can about investing and my plan at first was to save up money for 2-3 years but now I’m wondering if it’d be possible to invest in a rental property with only $10,000 saved up.

Sometimes the incremental savings from $1,000 to $2,500 or from $2,500 to $5,000 are too small to make the higher deductible worthwhile.