So you’r only trying to save your 1-2% sellers commission.

I'm  getting started in this journey of equity partners.

Plenty of people in here started out as small fish, and worked their way up to being whales.

So I guess my main question is:  With these numbers, would this be considered a good investment to rent or should I cut my losses and start over somewhere else?    

Investing in a syndication or fund could be a good fit given your situation.I started investing in some fix and flips and some smaller residential properties from traditional BRRRs.

My name is Hogan Chouinard and I am new to real estate investing, I have been wanting to get involved with real estate for a while because I want to give myself financial freedom in the future by putting in the extra work right now, I want to start a real estate portfolio that I can continue to build on over time for years to come, and I am hoping that I can meet some people on bigger pockets that can help me along the way!

Or should I try to find a deal now and start the loan process?

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

I am happy to send you my neighborhood grade map to help you get started.

According to our lawyer and case study, our base starting pay back is the 75k + taxes, interest, and insurance and not the 200k we paid so we subpoenaed the previous owner for all of his figures he spent renovating the house.